A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC). What Happened: Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, ...
Why does any government invest time or money into new and evolving things. To stay up to date, be ready for change, and see how that new change can be of benefit.
Bitcoin isn’t new. It’s almost 30 years old at this point. You don’t need to purchase any substantial amount of BTC to understand how it works. One can simply read the research papers and understand crypto (or pay people smart enough to do so). Also laughably the US government already has billions of dollars in BTC because it holds the funds it seized from criminals.
Why does any government invest time or money into new and evolving things. To stay up to date, be ready for change, and see how that new change can be of benefit.
Bitcoin isn’t new. It’s almost 30 years old at this point. You don’t need to purchase any substantial amount of BTC to understand how it works. One can simply read the research papers and understand crypto (or pay people smart enough to do so). Also laughably the US government already has billions of dollars in BTC because it holds the funds it seized from criminals.
We don’t need to buy ANY.