The Bitcoin was not acquired through market participation. It was confiscated via enforcement action. Relabeling seizure as “strategic reserve” is narrative management at best, which contradicts the original justification for forfeiture.
“If we can take it, and it’s valuable enough, we’ll keep it.”
That undermines property rights and reinforces why Bitcoiners emphasize self-custody and resistance to surveillance.
The irony, however, is that the government can no longer dismiss Bitcoin as worthless.
HOLD ON TO YOUR STACKS! And get them into a cold wallet.
