What if major reserves of digital assets became subject to international seizure? Recent discussion points to a scenario where approximately $60 billion in Bitcoin and other cryptocurrencies held in state reserves could potentially face U.S. government action.

The key question isn't just whether this could happen—it's what happens next. Would seized assets remain held as strategic reserves, or would they enter the market? The implications split into two worlds: hodling maintains scarcity and signals geopolitical posturing, while liquidation could create significant downward pressure on valuations. From a macro perspective, this scenario reveals how political risk now directly shapes crypto market dynamics. The precedent being set matters for any nation holding substantial digital asset reserves.