⚡️🇺🇸 NEW - Sebastian Bea, President of Coinbase Asset Management, explains how the US could revalue its gold holdings to buy #Bitcoin while staying budget neutral.
https://blossom.primal.net/b1422da8b72b5eed8edad999ad6bf0294d0b29265c57684e11bd788948589aa8.mp4
That sounds like creative accounting. 🤔
Yeah, sounds sketchy to me. “They won’t sell the gold, but they will buy $100 billion in Bitcoin.” Magic!
This is typical gov. New dollars = spending..
How about not be budget-neutral? How about they have a surplus and reduce debt? How about they operate like the rest if households that need to make tough decisions to stay fiscally responsible.
