jeromeloman on Nostr: Allow individuals to stack and spend freely. The fed lacks a surplus so not sure why ...
Allow individuals to stack and spend freely.
The fed lacks a surplus so not sure why it would need a stockpile. the states do have one and require a "treasury."
A symbolic reserve at the federal level to show goodwill and support wouldn't be harmful.
Eventually, nations will need to reboot fiat through another Bretton Woods-like meeting. They'll establish new rules for fiat, including auditable credits and Bitcoin reserves, to manage ongoing trade and currency conflicts.
In the long term, the countries with fewer restrictions on Bitcoin ownership by individuals and institutions will prevail.
The fed lacks a surplus so not sure why it would need a stockpile. the states do have one and require a "treasury."
A symbolic reserve at the federal level to show goodwill and support wouldn't be harmful.
Eventually, nations will need to reboot fiat through another Bretton Woods-like meeting. They'll establish new rules for fiat, including auditable credits and Bitcoin reserves, to manage ongoing trade and currency conflicts.
In the long term, the countries with fewer restrictions on Bitcoin ownership by individuals and institutions will prevail.