pull down to refresh

US Government Holds 214,000 Bitcoin, Equates to More Than 1% of BTC's Supplynews.bitcoin.com/the-us-government-holds-over-214000-bitcoin-feds-stash-equates-to-more-than-1-of-btcs-supply/
411 sats \ 2 comments \ @Wumbo 8 Nov 2022 bitcoin
write
preview
related posts
22 sats \ 0 replies \ @Wumbo OP 8 Nov 2022
At first I thought this maybe is the plan for the US to solve its national debt.
But then did some basic math and see this only covers ~ one month of US Federal budget deficit.
https://tradingeconomics.com/united-states/government-budget-value
210,000 BTC x $1,000,000 (possible future price of btc) = $210,000,000,000
Even BTC can not save the US.
reply
69 sats \ 0 replies \ @zman 9 Nov 2022
I ain't clicking no bitcoin(.)com link
reply