provoost on Nostr: I can see how the US could obtain Bitcoin by printing more money, but with its ...
I can see how the US could obtain Bitcoin by printing more money, but with its current debt levels it would have to liquidate it - possibly in a bear market. That's not much of a reserve, let alone strategic. Unless they're really saying they want to default on all debt first and then build the reserve.
But here I'm assuming they're actually serious and not just uttering random words suggested by chatgbt to maximize votes.
Published at
2024-07-28 07:36:52Event JSON
{
"id": "24fc844199602746e702b3eec1bcc76ec69648a12c2619d0ff887d6218f764ac",
"pubkey": "8685ebef665338dd6931e2ccdf3c19d9f0e5a1067c918f22e7081c2558f8faf8",
"created_at": 1722152212,
"kind": 1,
"tags": [
[
"e",
"ac9ea4f0fbfe5a5c8f8810f3f8269550b1d038b7bd0eb5f2f72eae509fc55a77",
"",
"root"
],
[
"p",
"58c741aa630c2da35a56a77c1d05381908bd10504fdd2d8b43f725efa6d23196"
]
],
"content": "I can see how the US could obtain Bitcoin by printing more money, but with its current debt levels it would have to liquidate it - possibly in a bear market. That's not much of a reserve, let alone strategic. Unless they're really saying they want to default on all debt first and then build the reserve.\n\nBut here I'm assuming they're actually serious and not just uttering random words suggested by chatgbt to maximize votes.",
"sig": "7e52d816c777cb58d882274181bbfcf70f138f62ebffff72e2d0ef5a1c9b3bc8b9b6c7a18b6a6a1edc21e684c2fe6a7b6bf416bc9b70241b2e864f17648be6ac"
}
