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Replying to Avatar bitcoinlimit

The smartest path for the US is to revalue its gold reserves and convert that value into Bitcoin.

By revaluing the nation’s gold reserves, the Treasury could inject roughly $900b into the balance sheet. That $900b should then be used to accumulate BTC.

Next, issue 1-5-10 year Bitcoin Bonds with in-kind redemption, backed by half of the newly acquired BTC. Proceeds can be directed toward paying down the national debt.

Some senior US officials already recognize this as the only viable long-term strategy, but bipartisan consensus and full understanding are still lacking. Once China makes a move on Taiwan, it will become obvious what this preparation was for.

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CptKook 4mo ago

Easier to just steal bitcoin from individuals. All we can do is make that as hard as possible

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