Anon on Nostr: My understanding is that the “buy more” must be done in a revenue neutral way. I ...
My understanding is that the “buy more” must be done in a revenue neutral way. I guess Trump could try to sell gold and use the proceeds to buy BTC. But will he? Without congressional approval? It’s certainly possible but by no means a slam dunk. Maybe there’s some kind of US-owned stranded energy source he could use for mining, but that would take years to spin up and isn’t revenue neutral in the short-term.
I guess one bit of good news is that the seized Bitcoin he’s using to fund the SBR won’t be dumped on the open market. That’s a win.
Published at
2025-03-10 19:14:01Event JSON
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"content": "My understanding is that the “buy more” must be done in a revenue neutral way. I guess Trump could try to sell gold and use the proceeds to buy BTC. But will he? Without congressional approval? It’s certainly possible but by no means a slam dunk. Maybe there’s some kind of US-owned stranded energy source he could use for mining, but that would take years to spin up and isn’t revenue neutral in the short-term.\n\nI guess one bit of good news is that the seized Bitcoin he’s using to fund the SBR won’t be dumped on the open market. That’s a win.",
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