Seems everyone wants to know whether a national strategic Bitcoin reserve would be good for the dollar (and/or for Bitcoin).
A more interesting conversation would focus on whether a government Bitcoin stockpile is good for Americans, and if the answer is yes, how to ensure it gets implemented accordingly.
I think it would be terrible for Americans really. Everyone not holding will just watch inflation happen faster because our "leadership" can't help but spend more and more money. They'll hold, profit, then print because "now the dollar is solvent" even though it won't be. Bitcoiners will be doing great. Everyone else will be fucked with icecube dollars.
Yeah, American workers have been hurt enough by having their currency be the world's global reserve and thus transferring manufacturing overseas. Time to let the dollar become just a normal currency in the world instead of a weapon used to control.
Feels like a legit concern. Could be that it does in fact help get debt down and implement more responsible banking systems.
But also, we could get a free banking ecash system without the government stockpiling sats, so maybe they’re more separate questions
