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41 sats \ 6 replies \ @DEADBEEF 31 Jan \ parent \ on: Central banks have been buying gold at a record pace news
Meanwhile the US is selling Bitcoin.
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40 sats \ 3 replies \ @KLT 31 Jan
Which will be looked back on as one of the MANY signs that lead to the downfall of the US, unless they turn things around in the next administration.
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40 sats \ 2 replies \ @kepford 31 Jan
However unlikely it is entirely that one US gov agency is selling bitcoin while others are buying it. I doubt it because why would they, but it is possible. Most governments are not monoliths. They are massive bureaucracies full of illogical inconsistencies.
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44 sats \ 0 replies \ @KLT 1 Feb
Completely. So many governments across the world. I would be shocked that none of them aren’t stacking BTC within the next 10 - 15 years.
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10 sats \ 0 replies \ @orangecrush 1 Feb
Not that unlikely. US loading up on bitcoin would signal dollar weakness when dollar hegemony is the basic platform on which all US foreign and domestic policy is based.
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40 sats \ 1 reply \ @gmd 1 Feb
considering how much is wasted in gov spending you think a tiny position as a hedge could be justified…
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109 sats \ 0 replies \ @KLT 1 Feb
I thought about that yesterday too. I guess them selling bitcoin is a signal to other countries that it’s worthless, thus keeping the illusion of the dollars strength. Them keeping bitcoin would signal that it’s worth holding, which of course they don’t want to do.
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