Dear Reader, imagine, if you will, the spectacle of governments in great haste, fluttering about as though the last serving of syllabub were set upon the table, each eager to secure their own quantity of that most mysterious digital confection: bitcoin.
Of Unseized Opportunities and the Dwindling Allure of Bitcoin (According to Mr. Zhao) š§
It is a truth universally acknowledged that a single man in possession of a sound fortune, or indeed, a shilling to spare, must be in want of speculative investment news. Enter Mr. Changpeng Zhao (CZ), formerly of the Binance household, who has unceremoniously rang the bell of alarm on X (which in my day, one suspects, would have merely been called ‘a letter’). His pointed declaration left quite an impression, indeed:
“You can buy while governments are buying or after they have bought. The ābeforeā option is disappearing.”
Pray, let it not be said that the Americans are wanting in hasteāin a fashion most alarming, the fair state of Arizona, not content to let New Hampshire dance alone, has followed her neighbour into this digital cotillion by establishing her own bitcoin reserve. Verily, House Bill 2749 passed with all the subtlety of a suitor at a country assembly. And, not to be upstaged, Texas waves her Bill 21 in the air, like a bonnet at a May Fair, set to curate her own reserve (focused, one might add, on only the most fashionable cryptocurrencies).
Let us not forget, dear reader, that states now court the favour of digital assets, hoping to shield themselves from the tiresome villainy of inflation and, perhaps, even to diversify fiscal affections. The very notion gathered momentumāthat most slippery creatureāonce President Trump, with all the ceremony that befits a man of his stature, signed an order that steered the ship of state straight towards the shoals of crypto speculation.
Mr. Zhao, now divested of his Binance title but not, regrettably, of his penchant for unsolicited advice, busies himself as an international crypto matchmaker. Pakistan and Kyrgyzstan, amongst others, have sought his counsel, integrating blockchain and digital assets into their rather unwieldy public affairs. His sage words are credited with diversifying reserves, pointing discreetly at assets such as bitcoin and BNB, for fear of missing the next great ball (or market rally). Critics may mutter of volatility, but the faithful declareāover teaāthat bitcoin may well be the digital eraās monied Mr. Darcy, conferring upon its holders that rarest of treasures: monetary sovereignty. ššŗ
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2025-05-09 05:05