1 sat \ 0 replies \ @ssaurel OP 21h \ parent \ on: NK hackers take advantage of centralization induced by Bitcoin Spot ETFs. bitcoin
DELETE COINBASE
I also think that America will do everything to prevent the fall of the king dollar. As such, I doubt that America will go in the direction that Trump wants to push by making Bitcoin a strategic reserve asset. This would mean weakening the dollar that America can manipulate in favor of hard money that America cannot manipulate. That would be surprising.
You're right, but what bothers me most is to see so many people adoring him in this way simply because he says the word Bitcoin when he doesn't give a damn.
The big question for me is: with what money?
If the goal is to buy Bitcoin by stealing from the people a little more by printing fiat money out of thin air, then no.
If the goal is to buy Bitcoin with a budget surplus, which has never happened in America for years and years, then why not...
Bitcoin is an alternative monetary system superior to the dollar system.
Bitcoin aims to replace the dollar system, not to be fully integrated and marginalized as a store of value inside this flawed system.
Bitcoin's appeal lies in the fact that it is based on a finite supply (21M), has a programmatic monetary policy that no one can arbitrarily influence, and is decentralized.
Decentralization is the key to Bitcoin's future success.
To hear RFJ Jr. or even Michael J. Saylor say that the U.S. government should own the majority of Bitcoin in circulation is utter heresy.
An idea that goes against the very interests of the Bitcoin revolution, which is supposed to liberate people from the yoke of governments and central bankers.