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20 sats \ 1 reply \ @ssaurel 12 Aug \ on: Should the US Government Acquire a Bitcoin Reserve? • Listen on Fountain bitcoin
The big question for me is: with what money?
If the goal is to buy Bitcoin by stealing from the people a little more by printing fiat money out of thin air, then no.
If the goal is to buy Bitcoin with a budget surplus, which has never happened in America for years and years, then why not...
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0 sats \ 0 replies \ @Undisciplined OP 12 Aug
Bob has the same view about taxing people to buy bitcoin. Printing money (issuing bonds) to buy bitcoin, would essentially just be Saylor's business model.
It would be a better proposal, if it linked buying bitcoin to running a budget surplus, basically just saying to hold savings in bitcoin.
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