I can see how the US could obtain Bitcoin by printing more money, but with its current debt levels it would have to liquidate it - possibly in a bear market. That's not much of a reserve, let alone strategic. Unless they're really saying they want to default on all debt first and then build the reserve.

But here I'm assuming they're actually serious and not just uttering random words suggested by chatgbt to maximize votes.

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USD goes to zero, dollar denominated debt goes to zero.

You should read more MMT modern monetary theory. The US can never default 😉 The book “the deficit myth” by Stephanie Kelton is a great start 😉😂

https://www.goodreads.com/book/show/45731395

Technically true. But what matters is not the name put on something, but its real effects:

While not technical defaults, what do you make of:

1933: Executive Order 6102 and the1934 devaluation of dollar

1965: Elimination of silver from many coins

1970: All silver removed from coins

1971: De-pegged dollar from gold (triggered the oil price shock)

2008 onwards: Financial repression via regulation and QE