Deep thoughts…about Bitcoin:
I know a metric shit ton about Bitcoin, so haters, fuck off.
With that out of the way, there's been some talk about EO 6102 where FDR called in the gold and then later rugged anyone that went with the plan. While I certainly think that Bitcoin represents a way to do that in reverse, I also think there could be a way to slip in a small rug. Let me explain.
So if you get in/got in early, you should be good, but without an EO, or a mandated price, the govt could place a limit order really high, basically saying we'll buy until $500k or whatever. That sounds awesome when the price is $100k and people are looking for an exit opportunity, but if over time they know its headed toward $10M, then the people took the bait. Sure, you got a good deal…but so did the government.
Trump said at the Bitcoin conference never to sell your bitcoin. He's giving the heads up. He doesn't really care if people are willing the be more patient to bring max pain on the government buy forcing them to raise the limit order if necessary to get the amount of coins required. In 20 years, it will be peanuts, the debt paid off, and the US raking in the money from tariffs. It's all a bit of a shell game in which every shell has a prize. win-win-win…but some wins are better than others. In any case, this path avoids the optics of EO 6102 but essentially gets the same result over time due to market forces rather than mandates.