doesn’t the “diversification” argument fall flat when you’re diversifying with the asset that Bitcoin is going to eat?
For us yes
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why would this be different at the scale of a nation?
bitcoin eating gold is going to happen to the exact same extent whether your treasury is $500 or $500 million
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Different in the sense that we can make unilateral decisions quite easily. Whereas nation states often have to humor people with conflicting ideologies... At any rate he's not adding to it though...
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21 sats \ 1 reply \ @kr OP 17 Mar
It seems like Bukele has a lot of agency to make his own decisions, one might argue he has even more agency than most CEOs of public companies or investment funds
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Interesting, I'm not up on politics of my own country, let alone that of other countries
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