Oddbean new post about | logout
 I agree with your assessment that governments *should* be stacking BTC, but the reality is that they can’t. Any imprimatur given to competing currencies like #bitcoin is an acknowledgment that fiat is flawed.  And they can’t have that, sunken cost fallacy etc. I wouldn’t get too upset about the 30k BTC. Wouldn’t buy more than 5 F22 Raptors at current prices. 😁