An interesting scenario just popped into my head. It is outside the box but possible.(I have posted a few such ideas) I have wondered why the Biden Administration, after having leaked about six weeks or so ago, that they were going to be issuing an Executive Order dealing with crypto regulation, took so long to do so. I speculated in a post shortly after that it might be the announcement of a CBDC and or a return to some kind of gold standard. It seemed to take a long time before his announcement last week, which was an absolute “nothing burger” about studying ideas and gathering inputs from various parties etc. I now think of a possible but longshot explanation. What if, since the Russian buildup of troops had already been going on for a while and the reason Biden and some others have been doing everything possible to get Russia to invade, was because they were setting a trap. By going all out on sanctions of Russia, Putin and the oligarchs, they are pretty much forced to either turn to China and or at least in the case of their personal wealth move towards using Bitcoin and other crypto’s. Biden delayed implementing the expected crackdown on cryptos because he(his advisors since he isn’t smart enough to order lunch) wants that Russian wealth in cryptos before they seize it all under the guise of regulation, money laundering etc. Since it is widely believed that bitcoin was created by either the NSA and or CIA, they know how to shut it down and confiscate it, even if it means not allowing any off ramp via a wallet. If the bitcoin is trapped on the blockchain but can’t be offloaded what good is it? This is not my area of expertise so I welcome any thoughts on if that is technically feasible. Biden and his advisors may not be smart regarding policies that work to benefit US citizens, but we know they are devious, criminal bastards who know how to cheat and steal.