Bitcoin's Tension and the FBI

Bitcoin's Tension is the term i've used lately to describe the inexplicable rise of this new bad boy on the block.

just what is Bitcoin? the masses don't seem to know. unlike a traditional security there is no CEO, there is no Bd of Directors, there is no corporate office, there is no address, there is no prospectus, there are no financial statements. no one is backing the darn thing. then why would any rational person put money into it? answer: b/c the price is rising like a bullet, the thing won't die, we are going on a half decade of longevity, more and more famous ppl are climbing on board, central banks seem to be fearful of it, and the FBI has just completed a massive effort to gain control of it. therein lies the Tension.

you can literally hear the gnashing of teeth as the price goes parabolic to dizzying higher highs followed by the inevitable crashes to higher lows. "why oh why?" screams The Money Honey (Mario Bartiromo) and her CNBS BS'ers. what could possibly be behind this here Bitcoin? simple answer Honey; it's The People. what a scary thought. hence moar Tension.

which brings me to the FBI. the mere fact that they have made such a massive effort to gain control of DPR's BTC stash is all you need to know. the effort alone is enough to alleviate a great amount of Bitcoin's Tension. it's like taking 2 Vicodin after a splitting headache. oh, it feels so good. why? b/c it doesn't matter if they hold it or sell it. the mere effort means they value it. if they value it, then why wouldn't you? after all, we're talking about one of the most powerful governmental organizations on the planet who's mission is to only do good for our nation and our people.

which then brings me to what are they going to do with it? as i just said, it doesn't matter to Bitcoin either way. if they sell, they will just be distributing all those coins to enthusiasts who are eager to get their hands on difficult to obtain BTC. it will serve to distribute those coins far and wide which will only help the Bitcoin economy and move alot of those coins offshore. if they decide to hold them, they will be able to use them for all the benevolent US centric activities they engage in, not to mention benefiting from the further upcoming price increases. i feel moar Tension.

if i had to bet, i think they'll hold onto a greater part of their new found stash. after all, what's a measly $28.5 M in fiat compared to its BTC equivalent and its future potential? not that it matters.

the headache is coming back.