The Bitcoin reserve might be the closest thing to property rights the US has achieved in a century. Its been 10 years of stealing peoples gold and purchasing power, in order to deliver stellar bailouts to risky bankers and hedge funds.
It’s not a bitcoin reserve it’s a corrupt shitcoin reserve so that musk and pals can pilfer US dollars. Do you really just believe everything the proven liar says?
Well they’re keeping all their confiscated shitcoins, and they’re finding a budget neutral way to buy additional Bitcoin, according to the white house website.
As far as pilfering, the money supply grows at nearly 10% a year, gold prices rise 10% a year, housing a bit less; but its still a great store of value. If you believe in housing bubbles that gatekeep necessary goods behind 30 year loans, and you believe in misallocated capital that requires progressively larger bailouts, then the existing system works great.
They’re going to force the US to buy it from them at a high cost, when the economy tanks and the coin doesn’t they’ll buy everything back for a fraction of what it would cost otherwise.
The Bitcoin reserve might be the closest thing to property rights the US has achieved in a century. Its been 10 years of stealing peoples gold and purchasing power, in order to deliver stellar bailouts to risky bankers and hedge funds.
It’s not a bitcoin reserve it’s a corrupt shitcoin reserve so that musk and pals can pilfer US dollars. Do you really just believe everything the proven liar says?
Well they’re keeping all their confiscated shitcoins, and they’re finding a budget neutral way to buy additional Bitcoin, according to the white house website.
As far as pilfering, the money supply grows at nearly 10% a year, gold prices rise 10% a year, housing a bit less; but its still a great store of value. If you believe in housing bubbles that gatekeep necessary goods behind 30 year loans, and you believe in misallocated capital that requires progressively larger bailouts, then the existing system works great.
Oh, well if it’s on the White House website it’s definitely not a lie!
They’re going to force the US to buy it from them at a high cost, when the economy tanks and the coin doesn’t they’ll buy everything back for a fraction of what it would cost otherwise.