3G·

Breaking: Strategic Bitcoin Reserve Texas🇺🇲🗽

The bill on the Strategic $BTC (-5,02%) Reserve in Texas was just passed in the Senate by a vote of 25 to 5!

Next stop is the House of Representatives.

Source: Myself, just watched the livestream🤪

12 Commenti

S.A.U.@SAUgut77

He's driving the USA into total ruin at a gallop 🍿🥤😁

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Sebi@Seebi

@SAUgut77 the Bitcoin ?

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Nostradonkey💩@DonkeyInvestor

@SAUgut77 As long as I can get rid of my Bitcoin for a million, they're welcome to go bankrupt

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S.A.U.@SAUgut77

@DonkeyInvestor But you also often conceal the fact that you have made a long-term investment with a good nose (👍👍👍👍) and you are resting on that, but that does not apply to today's standard and therefore some of your looks are not right compared to newly invested ones, but we have had this before 😉

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Nostradonkey💩@DonkeyInvestor

@SAUgut77 I am a troll. Most of my statements are not correct 🤷.

But I don't know what that has to do with me wanting to enrich myself at the expense of the general public

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S.A.U.@SAUgut77

@DonkeyInvestor nene on Trump does not apply here 😅 never said that you want to enrich yourself at the expense of the general public, but it was about statements to newly invested people, so always stick to the truth 🤫👍

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Stefan21@stefan_21

@SAUgut77 But what is the truth? That the USA is going bankrupt because of a strategic Bitcoin reserve? I think that's nonsense. On the contrary, the USA would benefit from it.
In my opinion, there are other issues from Trump that should worry you. The SBR is not one of them.
Besides, Trump didn't really have anything to do with the Texas Reserve.

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Nostradonkey💩@DonkeyInvestor

@SAUgut77 I didn't say that either. I didn't say that you said I wanted to enrich myself at the expense of the general public. I said that I wanted to enrich myself at the expense of the general public.

Nor did I make any statements to new investors.

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S.A.U.@SAUgut77

@stefan_21 maybe not go bankrupt completely, but drive their debt to the brink with high risk...

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S.A.U.@SAUgut77

@DonkeyInvestor puhhhhhhhh, hopefully you'll leave it there without correction 🥤🍿😁😉🤫

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Stefan21@stefan_21

@SAUgut77 Well, they're already doing that anyway😅
I think the Bitcoin reserve will consist of the confiscated coins anyway. They wouldn't even have any costs. I don't think they'll buy many billions of Bitcoin, but I'm happy to be surprised.

But imagine if they bought many billions of Bitcoin. The mere fact that they have done so or are in the process of doing so would drive the price to unimaginable heights. In dollar terms, they would probably make a massive profit right from the start and other countries would probably (have to) follow suit. In terms of game theory, the first country to do this on a large scale profits the most - the last countries the least.

Nevertheless, you have to be realistic - in my opinion, they won't do it on a large scale. Taking on more and more debt and buying Bitcoin would be a kind of speculative attack against the dollar. The US would be signaling that it no longer trusts the dollar and that won't happen.

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