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How precisely does America monetise/weaponise Bitcoin? It can't.
47 sats \ 1 reply \ @Bishop 8 Sep
Step up Trump's strategic reserve plan from not just selling seized Bitcoin but also provide the Federal Reserve with a broadened mandate to acquire and hold Bitcoin akin to gold reserves.
Tax breaks for American data farms which meet a % threshold of power allocated for Bitcoin mining.
Tax breaks for Americans who hold Bitcoin e.g. no capital gains tax up to $100,000.
Favourable relations with other countries which remain pro-dollar and pro-Bitcoin.
Change incentives for finance institutions so buying spot bitcoin and selling on the futures market to pocket the difference becomes less attractive.
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Sounds good to me. But I do not trust politicians. Better we grow without them
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