You may be right Skipper -- I do also think Coinbase Custody is a large honeypot for the state. They won't be able to confiscate it without compensation however -- they will print fiat to pay off the holders ala EO6102. My guess is at $500ish-k.
$20.67 one got in '33 per troy oz. The price was 'raised' to $35/tr.oz soon after. History rhymes.
USA won't print fiat to buy BTC, they will confiscate Coinbase/Saylor coins instead. Mark my words.
Next "MtGox event" and "bitfinex hack" are closer than you think.
You may be right Skipper -- I do also think Coinbase Custody is a large honeypot for the state. They won't be able to confiscate it without compensation however -- they will print fiat to pay off the holders ala EO6102. My guess is at $500ish-k.
$20.67 one got in '33 per troy oz. The price was 'raised' to $35/tr.oz soon after.
History rhymes.