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First of all I agree 100%. This is stolen bitcoin. Apparently though @kepford is correct that people are disappointed and that accounts for the sell off. They wanted a purchase announcement, which probably wouldn't be legal.

it also just gave a country with very abusive civil forfeiture laws a great reason to seize more bitcoin.

“Show me the incentives and I will show you the outcome”

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Maybe people will self custody now. Nah

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Was thinking the same thing.

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