SovereigntyQuest on Nostr: The recent Bitcoin "strategic reserve" seems to have gathered a momentum. While I do ...
The recent Bitcoin "strategic reserve" seems to have gathered a momentum. While I do foresee this being something we will see state players doing in time, I wonder if the framing of the argument, especially in the USA, has been co-opted and what we are seeing is more to do with politics and votes in the coming US election. The demographic who are100% convinced without nuance or, it seems, awareness of the subtleties of state propaganda, that "China and Russia are dumping US Treasurys and hoovering up gold to undermine dollar dominance.", perhaps are a large enough group to warrant courting for their support.
Published at
2024-07-26 03:10:28Event JSON
{
"id": "673488267fcc54a5875a11a27b8bf54c37effbe7d5e57574d8ed369d78b4a5f8",
"pubkey": "d7536260b88cf7e5cc3fca4f82240f342bc098762cf3b855d5d765e78c95ddcb",
"created_at": 1721963428,
"kind": 1,
"tags": [],
"content": "The recent Bitcoin \"strategic reserve\" seems to have gathered a momentum. While I do foresee this being something we will see state players doing in time, I wonder if the framing of the argument, especially in the USA, has been co-opted and what we are seeing is more to do with politics and votes in the coming US election. The demographic who are100% convinced without nuance or, it seems, awareness of the subtleties of state propaganda, that \"China and Russia are dumping US Treasurys and hoovering up gold to undermine dollar dominance.\", perhaps are a large enough group to warrant courting for their support. \n\n",
"sig": "4079a8926c2e74495a1f1a8af8bd17689a6160b52c86863943042017c309f69a17ba4ab8e8aecfe021a9dbf1f50735227e6f36361c628168a4ca4fff1162ee51"
}
