I have a question about microstrategy and executive order 6102

Cryptocurrency News and Public Mining Pools

I have a question about microstrategy and executive order 6102

Hey,

I've been doing some research on the history of money and how money works and all that fun stuff, and I just had this question like a few minutes ago in my head that I want an answer for, but before my question I just want to link this from the wikipedia:

"Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve in exchange for $20.67 (equivalent to $487 in 2023) per troy ounce."

What if, US government sees it as a threat that all money is flowing into bitcoin and notices, that all countries have been adapting bitcoin into their reserves and feels like they are falling behind? Can't they make another executive order for let's say Microstrategy, that either all their shares, or all their bitcoin has to be forfeited to the US government, either for free, or for some fee such as the current market price.

I understand that this is not an issue for bitcoiners with small holdings, especially the ones who have kept their mouths shut, but for businesses and larger corporations that have to report their BTC holdings, what prevents another executive order from forcing companies like MSTR to forfeit all the bitcoin to the US government?

I'm not the best at explaining and asking stuff, but I hope you guys understand where I'm going with this, like don't people like michael saylor or companies such as MSTR with bitcoin reserves have some risk involved in owning bitcoin, since they still have to answer and do as the government tells them to at the very end? I'm a firm believer of self-custody and I had this question for the people that own MSTR stock, like "what if? not your keys not your coins, right?"

EDIT: This post got auto-removed by BTC subreddit, so I'm posting it here.

submitted by /u/ImpossibleCoffee91
[link] [comments]