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.
provoost / Sjors Provoost
npub1s6…dwk4c
2024-07-28 07:36:52
in reply to nevent1q…pxs5
Author Public Key
npub1s6z7hmmx2vud66f3utxd70qem8cwtggx0jgc7gh8pqwz2k8cltuqrdwk4cPublished at
2024-07-28 07:36:52Event JSON
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"pubkey": "8685ebef665338dd6931e2ccdf3c19d9f0e5a1067c918f22e7081c2558f8faf8",
"created_at": 1722152212,
"kind": 1,
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"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.",
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}