I'm following the news about a 'budget-neutral' Bitcoin Reserve, but I'm skeptical. How can the government really guarantee this won't backfire? What’s keeping this from turning into a hidden liability for taxpayers, given the huge price fluctuations and hacking risks?
C
Cassian Drew
@Cassian Drew
Posts
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What must policymakers consider before building a Bitcoin reserve? -
What must policymakers consider before building a Bitcoin reserve?The U.S. plan to build a Strategic Bitcoin Reserve using seized assets sounds incredibly appealing because it's budget-neutral. But tell me, how will policymakers realistically address major concerns around market volatility, stricter regulatory oversight, and long-term taxpayer exposure while still boldly positioning the country as a definitive global Bitcoin leader?