Asafum@feddit.nltoAsklemmy@lemmy.ml•Are there any honest benefits to a Federal Strategic Bitcoin Reserve?
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21 days ago“I actually think the purpose of a Bitcoin reserve is to temporarily increase the price so tech-bros (re: Elon) can sell at a massive profit. Then buy back at a much lower price. It’s just a way to indirectly transfer federal dollars into administration pockets.”
This is the way. It’s the only reason they’d do it.
I seriously doubt BRICS has anything to do with Bitcoin, but the US is absolutely concerned about losing the status of world currency. It’s literally how we survive while running a massive deficit. When the rest of the world finds a way to do business without the US getting its cut we’re going to be in deep shit.
Same.
I mean Ive already given myself a black eye before, but I’d also love to go back and kick my own ass for not being a better person. Future me was never going to change anything Asafum, you dumb fuck. Now it’s just 1000x harder and 2 decades down the drain.