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Metaphorical
@hyp
I am not a bitcoin maxi, far from it. But a reserve of anything else is just funneling the US treasury into private pockets. Is that the goal? Think about consequences. Even for a moment.
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Satoshi Tomatomoto
@tomato.eth
Have your heard of Donald Trump before? Funneling the US treasure into (his) private pockets has always been his goal.
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Chinmay ๐น๏ธ๐ฟ
@chinmay.eth
Bitcoin is the only crypto worth of government reserves. I'm more like an ETH maxi, but BTC is still better reserve asset.
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Stuart
@olystuart
That definitely is their goal, plutocracy functioning as intended. If they buy BTC it does the same, indirect subsidy to Saylor and whoever else has a lot already. I think they just have to buy slowly over time and probably largely in the bear market. Eth seems smart as a strategic reserve asset though.
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Marthaya ๐ฉ ๐ต
@tscarlett
a reserve should prioritize stability and fairness, not unintended enrichment. the long-term consequences definitely deserve deeper thought.
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FCP
@fuckcoolpussy.eth
For short term it's good because more liquidity and awareness interns into market but for long term it's not good
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D-wayรฑe ๐ฉ๐ด
@drrrner
Yeah Iโm still on the fence on that
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