GG on Nostr: A US Bitcoin Reserve sounds great… until you realize who might end up owning it. If ...
A US Bitcoin Reserve sounds great… until you realize who might end up owning it.
If the U.S. builds a Bitcoin Strategic Reserve to pay off its debt, to the Federal Reserve—a private entity—could end up with a massive Bitcoin stash.
For years, Bitcoiners preached separating money from the state. But now, many cheer the government stockpiling BTC, thinking it’s good for NGU.
But what happens when that Bitcoin is handed over to the very system we wanted to escape?
Fiat is the biggest Ponzi ever—Bitcoin shouldn’t fuel it.
Is this really a win? Curious to hear your thoughts.
If the U.S. builds a Bitcoin Strategic Reserve to pay off its debt, to the Federal Reserve—a private entity—could end up with a massive Bitcoin stash.
For years, Bitcoiners preached separating money from the state. But now, many cheer the government stockpiling BTC, thinking it’s good for NGU.
But what happens when that Bitcoin is handed over to the very system we wanted to escape?
Fiat is the biggest Ponzi ever—Bitcoin shouldn’t fuel it.
Is this really a win? Curious to hear your thoughts.