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2025-01-16 15:21:29Governments have to conflate crypto with bitcoin because pumping bitcoin alone destroys the institutions and markets that have fed off of and become dependent on fiat. Even if strategic reserves of the shitcoins only last 2-5 years, that’s time where capital was not being allocated (solely) to bitcoin which buys governments and central banks time. At this point they know they’ve lost on a mid to long term. Every move they make publicly is simply trying to buy time for the USD and treasury markets. #bitcoin