Imagine saying the US government should buy XRP ripple tokens with public money.
How does a decentralized and secure protocol interface with the sovereign?
We need boots on the ground. More Bitcoiners having conversations with politicians.
Discussion
My friend sent me an article arguing why they should do this lol
Or stack sats and watch them fail
My position is that I’m open to having conversations with politicians and business leaders but I’m not going to push it on them or act as if the existing system has the leverage over the bitcoin protocol … they need bitcoin, bitcoin doesn’t need them.
This admin is considering spinning up the equivalent of a 401k to supplement social security. In that plan they will buy american stocks, reits, PE.
On its face, logical. But, under the hood, cronny capitalism. My base case is expecting shitcoins will be included in any reserve or stockpile because politicians are for sale.
Doesnt matter to bitcoin though. Its the only one that will survive the nation state attacks.
The regime is looking at crypto as a way to win more fiat rather than looking at Bitcoin as an escape from fiat.