World News

United States establishing a Strategic Bitcoin Reserve (SBR) has gained traction among policymakers and financial experts.

Remember this? It’s now catching on

Trump promised to establish a strategic national Bitcoin reserve, with already seized #Bitcoin forming the foundation of this reserve.

  • Legislative Initiatives: In July 2024, Senator Cynthia Lummis introduced the “Bitcoin Act of 2024,” advocating for the U.S. government to acquire up to 1 million bitcoins over five years, representing approximately 5% of Bitcoin’s total supply.Bitcoin Magazine
  • Funding Mechanisms: The proposed acquisition would be financed by revaluing the Federal Reserve’s gold certificates to current market prices, unlocking significant value without increasing federal debt.Bitcoin Magazine
  • Legislative Proposal: In July 2024, Senator Cynthia Lummis introduced the “Bitcoin Act of 2024,” proposing the creation of an SBR. The plan aims to acquire up to 1 million bitcoins over five years, representing approximately 5% of Bitcoin’s total supply. Cointelegraph
  • Funding Mechanism: The proposed acquisition would be financed by revaluing the Federal Reserve’s gold certificates to current market prices, unlocking significant value without increasing federal debt. Yahoo Finance
  • Economic and Monetary Stability: Proponents argue that an SBR could serve as a hedge against currency debasement and debt instability, diversifying national assets and bolstering the U.S. balance sheet. BTC Policy
  • Geopolitical Considerations: Establishing an SBR may provide the U.S. with a strategic advantage over nations exploring alternative digital currencies, reinforcing its influence over global financial standards. BTC Policy
  • Energy and Climate Implications: Advocates suggest that Bitcoin mining can drive investment in renewable energy and support grid stability, aligning with U.S. climate and energy security goals. BTC Policy
  • Financial Inclusion and Human Rights: An SBR could promote individual freedom and financial inclusion, benefiting underbanked populations domestically and those facing economic instability globally. BTC Policy
  • Political Support: Former President Donald Trump endorsed the idea of a national Bitcoin reserve during the Bitcoin 2024 conference, pledging to retain all bitcoins currently held by the U.S. government. Wired
  • Criticism and Skepticism: Some economists question the economic merit of such a reserve, citing Bitcoin’s volatility and potential challenges in managing and increasing reserves. Wired

Comments

  • Congratulations to the relentless #Bitcoin community. The election and the country would have been lost without you. You changed history. When Trump establishes the Strategic Bitcoin Reserve, game theory accelerates. No one is bullish enough on #Bitcoin.

More you might like

Trump Wins Election 2024-Here’s A Victory Song – A.I. Scenes that are awesome. Watch Obama cry


‘To all the election pollsters ‘ BLOW ME’ – Epic Meltdown by Jon Stewart – we are in the margin of blow me’


Kevin O’Leary explains it all so well… fast clip on Why Dems had to lose to save this nation

24/7 Breaking News – with Time Stamps

Please email links, news, articles, ideas, tips, whatever – whatfinger@proton.me

ALL FIRE: Listen to this – the truth: Bannon is on FIRE 🔥🔥🔥 JUSTICE IS COMING! – this is what the Marxists fear…. and should – excellent clips – humor and even across the pond…  hey the Brit makes a point, are the idiot celebs going to leave now?


CNN: This election is something of an indictment on the political information complex. – Some celebrations – the clips to make you laugh and Robert Deniro cry….and America celebrate 🛑

Trump Wins, Sends ‘Trumpquake’ Through Washington – ZeroHedge

Breitbart News: Trump Towers – Kamala Defeats – Updates 0 Breitbart (Right)

Donald Trump defeats Kamala Harris to become the next U.S. president, NBC News projects – NBC (Left)

Alex Jones and Infowars Crew Toast To Trump Victory Now The Real Work Begins –  Video at X 

Best Humor Title: America Unburdens Itself From What Has Been – Babylon Bee

Best Analysis: Kevin O’Leary explains it all so well… fast clip on Why Dems had to lose to save this nationChoice

Breaking: Houthis Allegedly Surrender Hours After Trump’s Victory—Is This the Power Shift the World Was Waiting For? – Defiant America


Never forget folks – They tried their best to steal it. James O’Keefe exposes even more in Pennsylvania last night – time to clean this nation up. Choice

“Holy smokes! Literally nothing? Literally not one county?” Jake Tapper is absolutely SHOCKED by the map showing that Kamala didn’t outperform Biden in a single county. She’s a total loser! – fast clip at X 

Justice is coming – Mike Davis’ SAVAGE message for Jack Smith: “Right now you’re the hunter. After today, Jack Smith, you’re going to be the hunted: legally, politically and financially. So lawyer up, buddy!” – Fast clip

‘To all the election pollsters ‘ BLOW ME’ – Epic Meltdown by Jon Stewart – we are in the margin of blow me’ – lol – Fast clip

Our not so daily newsletter. More like weekly…