Now the U.S. government has the power to crash Bitcoin’s price and undermine its credibility in the medium term with the push of a button.
At first, I wasn’t sure whether Saylor was being used by the government or was an accomplice, but now, after STRC, it’s clear to me that he’s an accomplice.
I’m not sure exactly when the government will trigger the major Bitcoin crisis, but I’m certain it will do so thanks to Strategy—and perhaps with some unexpected twist, such as the seizure of Strategy’s Bitcoins.
quotinga pseudonymous dev launched a solana token project that endlessly mints tokens to sell to retail for bitcoin, his stated goal is to accumulate as much bitcoin as possible, he issues tokens without a set schedule, he can effectively choose at will when to print more tokens and sell them, each token represents equity in the company holding bitcoin, but token holders have little to no governance rights
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recently, he created a staking ecosystem with four yield bearing derivative tokens funded by sales of the main token, if you stake them for a month, he pays you usdc
many bitcoiners would call that a scam, but if you slap a suit on the dev, and list the tokens on the nasdaq, its the “most important bitcoin company”
