Guys, please.
This is not a self moderated thread.
Lets try to keep it on Topic: Bitcoin Strategic Reserves as Digital Asset Stockpile at Nation State Level.
Time is precious, even more than our Satoshi.
Lock in topic.
Surely we see a lot of threads with one or two off-topic posts, and even somehow the topic is tangentially related, then no one is going to care. I think that I frequently end up tangentially talking about a lot of other things in various threads, so each of us do have to try to reign ourselves into the topic, and surely sometimes someone might have a mostly on topic posts, but then they mention some related topic, and so many of us could end up being guilty of pursuing the tangent topic, but then again as a courtesy, we should try to reign ourself back to the topic, even if we might have felt some compulsion to comment on the tangent topic..
Several of these guys are starting out with tangents that only inferentially and indirectly relate to the topic, so it becomes a bit tempting to report them after seeing 1, 2 or 3 completely off-topic posts.. sure they are about bitcoin, but for sure, this topic is more narrow than just woo woo bitcoin broad ideas...
Anyhow after all of that.. .. even the BSR topic can transcend into becoming broad since there are the ideas of governmental BSRs and then corporate BSRs and then maybe more difficult to grasp could be small companies that might also take on similar kinds of practices, and surely the smaller companies sometimes are difficult to differentiate from individuals.. so in that sense, the idea of BSR can end up getting broader and broader.. because actually even a small company or an individually own company could end up using profits (income paid in bitcoin) and continually set aside the bitcoin portion, and surely if such person had been engaged in such setting aside of the bitcoin nuts (like a squirrel) for years and years and years, he may well end up with a new kind of dilemma which might be "what to do about all the money/value that is saved in the bitcoin reserves?"
I did go back to OP, and it appears that you, fillippone, had been intending the idea of BSR in the governmental context, and perhaps it is better to try to stay more focused in the governmental direction - even though like I said the idea of BSR could go beyond government, and sometimes there can be difficulties distinguishing the goals of governments from proclaimed goals of some companies that might proclaim to be acting in the public interest, even though their duties would likely more be towards their shareholders, but if they are licensed under a state, then states sometimes will have public service obligations on some kinds of companies and depending on jurisdiction - even though people sometimes will get so pissed off at companies that seem to exploit the people of the areas in which they operate.. and sure sometimes governments do that too.
We have a lot of corruption in the world, and so there can be questions about whether bitcoin fixes this - including getting back to Mallers assertion that bitcoin strategic reserve having the potential for governments to become more responsible and to tether themselves to some monetary limitations - yet the debt-based systems are so laden throughout modern practices, so that even governments might not even be able to inspire themselves with a long enough timeline to build up their reserves before devolving into practices of diluting it or making it seem to be more solid than it really is, which may of us bitcoiners likely consider that in the long term if countries, companies and/or banking institutions are fucking around with too much fakety fake, they are likely going to end up getting called out by movements in the BTC price (or perhaps other factors) that might end up revealing that they don't have the coins that they claim to be holding and if they are fucking around with various shitcoins or even fake bitcoin (wrapped bitcoin), then there may well be needs to make sure that those fake ones (such as wrapped ones) are actually sufficiently backed by actual BTC or various other ways of concrete value backing rather than being backed by fluff.. .. which seems to have had been one of the temptation issues of FTX when they were printing billions of dollars of FTT, but then when the FTT was losing its peg of purported value, the company was supposed to have around 80,000 BTC, but they were selling them whenever the BTC price went above $20k (since they were trying to get more for them when the BTC price was going up rather than down), yet they continued to run out of BTC until the ONLY thing that they had left was to attempt a bailout by Binance, and even Binance (after looking at the FTX books) was not willing to bail them out (whether genuine or not)...so then if governments and banks are engaging in fakety fake behaviors with their supposed BTC, there may ONLY be so much that even governments are able to bail themselves out if they don't have the BTC that they are claiming to have, even if they might have had entered into a variety of complicated relations with custodians.
