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Replying to Avatar Kodo⚡️

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Where will the US Government get the money to buy bitcoins for the Bitcoin Reserve? As long as its expenses exceed its income by $2 trillion, the Government can only buy bitcoins in two ways: a) by not paying off its debts, b) by printing money out of thin air. If it starts printing money, not only the price of bitcoin will rise, but also the prices of other goods. So instead of celebrating the Bitcoin Reserve, we should think about the consequences.

#bitcoin

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Ajax 9mo ago

Hilarious when the Potus announced a “sovereign wealth fund”. In places like the Middle East and Asia, where such funds are popular and make sense, it’s because their receipts exceed their expenses by a very wide margin. Tell ya what, Trump you little shit, let’s balance the books first and then work out where to store our extra cash, ok?

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