Video Description

In this video, I discuss why setting up a Strategic Bitcoin Reserve at the US federal level is a bad idea. The US federal government is a bloated, inefficient, and mostly evil entity that deserves to be defunded, rather than funded.

In addition, it's more in keeping with the Bitcoin ethos and the ethos of the founding fathers to focus instead on setting up Bitcoin reserves at the state and local levels.

If you expect the USA to break apart into a thousand different regional powers and tribes in the coming decades, a national Bitcoin reserve makes little sense, and could even become an unnecessary point of contention.