Showing posts with label Strategic Bitcoin Reserve. Show all posts
Showing posts with label Strategic Bitcoin Reserve. Show all posts

Tuesday, July 30, 2024

Strategic Bitcoin Reserve announced 4 years early

I was expecting an announcement of the Strategic Bitcoin Reserve in circa 2028, not 2024... which means we are 4 years or so ahead of where I was expecting politicians and governments to be in their thinking. In the long run, this is a net positive outcome for everyone.

In 2032 I expect the US government to be the largest holder and or miner of Bitcoin in the world. I guess there is a 50/50 chance I am either right or wrong.


Too Big to HODL? The Hidden Risks of MicroStrategy’s Bitcoin Bet. Is MicroStrategy Bitcoin’s Next FTX?

The original tweet is this... “Can’t put my finger on it, but I’ve got a feeling Michael Saylor’s and MicroStrategy are introducing a level ...