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5 sats \ 1 reply \ @028559d218 10 Mar \ on: The Resurgence of the Dollar Backed by Bitcoin: The Digital Fort Knox Strategy bitcoin
With all due respect...
I believe this is a total joke. D Trump knows nothing about Bitcoin... and I believe the 'Bitcoin reserve' announcement and even 'summit' was a total accident.
The US population is nowhere near knowing about or understanding a 'strategic Bitcoin reserve'... and in fact if you read newspaper comments or articles there is a tremendous amount of confusion as to what Bitcoin even is, much less its significance or what it was designed to do.
'Crypto' and 'memecoins' and 'tokens' and 'memes' and 'beanie babies' are looked at virtually the same way by the vast majority of the population... and most articles about 'crypto' reference $Trump and $Hawk Tua more than anything else.
The 'crypto' stuff needs to go away eventually and eventually it will... but imo we are a long way from the education required to actually see that happen
Indeed, you are absolutely right. In fact, it is likely that the transition will take at least 100 years, but as many will know, the toad died because it did not realize that they were heating the water, and this is the same. If the American people do not learn to distinguish what is in front of them, they will have a tragic end.
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