svoboda on Nostr: Can someone give me one legit reason why Trump and the Republicans won't follow ...
Can someone give me one legit reason why Trump and the Republicans won't follow through and create the Strategic #Bitcoin Reserve? Starting to see more people (heard it on multiple pods this week) say they're hearing it is unlikely but there is literally zero downside for the United States not to do it.
Even if they don't ever purchase another single sat, simply placing the already held coins into one creates the impression that they consider Bitcoin a reserve-level asset and forces the hand of other countries to follow suit thus making it an appreciating balance sheet asset with absolutely no effort but a stroke of the pen.
On the flip, if they don't follow through, they completely destroy the goodwill they just earned from the Bitcoin and digital asset voting bloc. Those folks will be sure to remember once the next election cycle hits because we're fucking elephants.
Thoughts? #asknostr
Even if they don't ever purchase another single sat, simply placing the already held coins into one creates the impression that they consider Bitcoin a reserve-level asset and forces the hand of other countries to follow suit thus making it an appreciating balance sheet asset with absolutely no effort but a stroke of the pen.
On the flip, if they don't follow through, they completely destroy the goodwill they just earned from the Bitcoin and digital asset voting bloc. Those folks will be sure to remember once the next election cycle hits because we're fucking elephants.
Thoughts? #asknostr