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@ gladstein
2025-03-06 20:25:12
The SBR discussion is complex
A) We should want American citizens, families, communities, and businesses to hold BTC, not the state
But…
B) It is unrealistic to expect that Bitcoin grows into a global currency without government adoption
Government interest (as opposed to ignorance or dismissal or attacks) is absolutely a signal that Bitcoin is evolving, growing, and succeeding
If Bitcoin was dying no one would be talking about an SBR (obviously)
SBR advocacy *will probably* hasten the transition to the Bitcoin standard
But such advocacy is also fraught with traps of centralization and government shitcoining (as we are watching play out)
IMO it’s ok to not have a black and white take on this
Probably more important than SBR advocacy (which will happen anyway if NGU continues) is civil liberties advocacy to ensure Americans can use Bitcoin privately, self-custodially, and p2p and to ensure American companies and developers can build tools that enable this reality