Quote from: LoyceV on Today at 01:32:01 PM

Quote from: fillippone on December 09, 2024, 10:49:56 PM

Strategic Partnership with US Miners: this would be an ingenuous way of doing so. The government could buy the Bitcoins mined in the US at an average price. This would benefit the miners with a stable price and the government limiting the market impact.

I can think of a few problems with this plan already:

If market prices go up and miners have to sell at a fixed price (under market price), other miners will get more money, buy more hardware, and increase the difficulty. That means the fixed-price miners will mine less.
If market prices drop and miners get a fixed price (above market price), other miners will drop out, after which the difficulty drops. So the fixed-price miners will mine more.

There's a reason the price is left to the market.

I do agree with your considerations.
I was actually thinking about some shorter agreement, something like a rolling 30 days average or so. Market impact wouldn't be huge, and probably would benefit the miner the most with some opportunistic behaviour, without impacting the US government buying in the grand scheme of think.
Buy fillippone just pawn in the game of life.