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

Add comment

24/7 Breaking News – with Time Stamps

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

Joe Rogan smacks down Bill Gates, says he and everyone else who got rich off of COVID-19 is responsible for ruining millions of lives. – Fast clips


Netflix SUED Over Jake Paul v. Tyson Fight Streaming, Others Say RIGGED, Tyson PULLED PUNCHES – Tim Pool Vid

Diddy List Release Has Celebs FLEE The USA? Ellen’s Dark Old Videos Resurface & Her Special Pet Name – The Quartering Vid

Bob Casey Concedes to Dave McCormick in PA Senate Race Granite Grok

Pro-Life Leader: 3 Ways Democrats Are Turning Abortion Into a ‘Sacrament’ –Daily Signal

SICK: Venezuelan Gang-banger (Allegedly) Mugs and Commits Sex Act on Top Alvin Bragg official – WLT Report

Revealed: How to tell if your phone is eavesdropping on your conversations – Daily Mail

General Flynn: BREAKING: 1. We appear to be on the brink of WWIII. 2. Congress is set to go on recess for Thanksgiving. – More at X

‘When There Are Enough of Us in France, We Will Kill All the Jews’, Islamic Migrant with 10 Convictions Walks Free After Threatening Violence at France-Israel Football Match – Rair Foundation

DHS Says It Doesn’t Have Interview Transcripts from Panel’s Trump Shooting Investigation – Headline USA

Jeff Bezos rejects Elon Musk claim he thought Trump would lose: ‘100% not true’ – Just The News

On his way out, Joe Biden is trying to forgive $4.65 billion of debt Ukraine owes America’s taxpayers. – More – Thomas Massie Tweet

NEW: Texas AG Ken Paxton investigates possible conspiracy by ad companies to boycott social media platforms – Post Millennial

Did you know: Alaska was originally a Russian colony until it was sold to the United States in 1867 for $7.2 million, becoming a state in 1959.

California athletic director compares ‘Save Girls Sports’ shirts to wearing a swastika, lawsuit claims – Blaze News


From Transgender to Transgressive to Aggressive – Sarah Cain


GOP Gains Legislative Supermajority In Midwestern State For First Time In Over Five Decades – WLT Report

‘The View’ spirals out of control over school choice debate – Fox Vid


Uncle Scott Rant – language warning – all about that animal killer – Fast clip – Language Warning but as usual – excellent! – Rumble

It’s getting serious now: Putin responds with hypersonic missile launch and warns there will be more coming – Leo Hohmann

Harvest Time🔥First ICBM Strike💥Velyka Novosilka Partially Encircled⚔️Military Summary For 2024.11.21 – Whatfinger Military Vid

Democrats believe our daughters should be forced to share a bathroom with this guy….wtf is wrong with them? – Rumble clip

Our not so daily newsletter. More like weekly…