Post
Topic
Board Bitcoin Discussion
Re: Trump will compete directly with Bitcoin
by
BlackHatCoiner
on 12/11/2024, 22:18:36 UTC
So you want the US to spend slightly less on health care for old people, people's retirement plans, and the military, and instead you the government to buy up more of an asset you happen to hold--and never sell it--in order to make you more money.
I literally said they can either sell it 20 years later (or use it directly as currency), when there's need for money. You got the rest...

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In other words, you are begging the US government for handouts, like every other special interest that wants free money from US taxpayers.
How am I begging? I'm practically confronted with two options. Either choose to vote for Trump, or Kamala. Trump's program contains this strategic reserve plan, just as a thousand other plans. Would voting for Trump imply that I'm begging for "bitcoin handouts"?

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1. What you are doing here is no different that people have been doing with the US government for the last 242 years.
No doubt it's no different. Government invests money since its inception.

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3. When you base your investment on what the government will do, be prepared to live and die at the whim of politics.
It's not a matter of preference. For Bitcoin to survive, it must navigate the whims of politics; otherwise, there's no real purpose in having Bitcoin, if it can die by a government. Besides, sooner or later, governments will realize that it's a good vehicle to store value. It's not something you or I can do to stop this. It's just... economic reality.