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11 sats \ 0 replies \ @B_rian 12h \ on: I don’t support a Strategic Bitcoin Reserve, and neither should you bitcoin
Nic is looking at it from the wrong framework.
The SBR, is an admission that we plan to continue to run large deficits in the future, but we would like to devalue that debt away. As a hedge against other nations eventually waking up and revolting against that plan, we are securing Bitcoin as a strategic digital asset at today's market value. Just like we have with petroleum and strategic minerals.