Bitcoin Backpacker on Nostr: Okay so after reading through the Strategic Bitcoin Reserve... Here’s what we have: ...
Okay so after reading through the Strategic Bitcoin Reserve...
Here’s what we have:
1. Clear separation between Strategic Bitcoin Reserve and Shitcoin Stockpile.
2. SBR can acquire more assets, the Shitcoin Stockpile will only hold seized assets.
3. All arms of Government have 30 days to transfer Bitcoin to Treasury to form the SBR.
4. The Government can acquire Bitcoin in ways that does not cost the tax payer money.
This means, sell existing assets or siphon existing funds (up to $40bn already available) - OR - in the most entertaining turn of events sell assets from the Shitcoin Stockpile and convert them to the Strategic Bitcoin Reserve.
5. The world is now on notice that Bitcoin is a Strategic Asset and I expect 7 more dominoes to fall - the US SBR is not just the US, this is every country that competes with the US is now in. The White House has officially stated that Bitcoin is Digital Gold.
Am I missing anything else?
This is quite a remarkable bill and congratulations to everyone involved in getting it done.
I really love the separation of the SBR and Shitcoin Stockpile.
______________________________________
#sbr #bill #trump #2025 #shitcoin #xrp #btc #bitcoin #hodl #gold #buy
Here’s what we have:
1. Clear separation between Strategic Bitcoin Reserve and Shitcoin Stockpile.
2. SBR can acquire more assets, the Shitcoin Stockpile will only hold seized assets.
3. All arms of Government have 30 days to transfer Bitcoin to Treasury to form the SBR.
4. The Government can acquire Bitcoin in ways that does not cost the tax payer money.
This means, sell existing assets or siphon existing funds (up to $40bn already available) - OR - in the most entertaining turn of events sell assets from the Shitcoin Stockpile and convert them to the Strategic Bitcoin Reserve.
5. The world is now on notice that Bitcoin is a Strategic Asset and I expect 7 more dominoes to fall - the US SBR is not just the US, this is every country that competes with the US is now in. The White House has officially stated that Bitcoin is Digital Gold.
Am I missing anything else?
This is quite a remarkable bill and congratulations to everyone involved in getting it done.
I really love the separation of the SBR and Shitcoin Stockpile.
______________________________________
#sbr #bill #trump #2025 #shitcoin #xrp #btc #bitcoin #hodl #gold #buy