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> The main argument for a Strategic BItcoin Reserve seems to be that Bitcoin holders worry about an impending shortage of greater fools and need the US governme
by throw0101c 2y ago
> The main argument for a Strategic BItcoin Reserve seems to be that Bitcoin holders worry about an impending shortage of greater fools and need the US government to act as the greatest fool of last resort.
* https://twitter.com/davidfrum/status/1870564077535470079 https://twitter.com/davidfrum/status/1870564077535470079
> They're libertarians who want a US Treasury bailout for their fake money
* https://web-cdn.bsky.app/profile/davidfrum.bsky.social/post/3ljg5nqkn4k2b https://web-cdn.bsky.app/profile/davidfrum.bsky.social/post/...
- Gibbon1 2y agoPuts tinfoil hat on. Musk invests the social security trust fund in crypto.
- black_puppydog 2y agoI honestly don't think it's that far fetched. It meshes perfectly with the rest of "government busting" moves they've made so far, and it has the added elegance of catering to their crypto bro friends in the process. They don't have to burn all the social security on this to cause serious trouble.