r/CryptoCurrency • u/WineMakerBg Make Wine, Take Profits • Jan 28 '25

GENERAL-NEWS Latest Proposal• US Gov to Buy 200,000 BTC annually for 5 years • Hold for at least 20 years • Goal: Halve the U.S. national debt in 20 years

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4.5k Upvotes

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506

u/gsnurr3 🟩 580 / 571 🦑 Jan 28 '25

There are rumors based on what orange man is doing.

Some believe tariff tax will go towards this. Basically, yet again, he found a way to make the working class pay for it.

All while he stacks his bags with insider trading.

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u/hueythecat 🟦 0 / 0 🦠 Jan 28 '25

Bullish on tariff coin

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u/binglelemon 🟦 0 / 6K 🦠 Jan 28 '25

Tariffcoin should operate like Safemoon. Anytime someone sells, they pay a % tax to the founder.

The consumer will always pay a little more with Tariffcoin!

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u/cookiestonks 🟩 4 / 5 🦠 Jan 29 '25

Lol safemoon. What a throwback, glad to see they got their comeuppance. Did they ever find that 3rd little rascal who was hiding out overseas?

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u/deano1856 🟦 68 / 69 🦐 Jan 29 '25

Tarflections

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u/binglelemon 🟦 0 / 6K 🦠 Jan 29 '25

Brilliant!

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u/Farge43 🟦 543 / 541 🦑 Jan 28 '25

All while whining that Pelosi is an insider trader

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u/Zombie4141 🟦 7K / 9K 🦭 Jan 28 '25

Which she is, but is definitely not exclusively her doing it.

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u/Ok_Computer1417 🟩 522 / 522 🦑 Jan 28 '25

Her trade history for the past decade is literally deep ITM mega-cap tech calls (Apple/Google/MSFT/etc). There is nothing novel about what she’s done. It’s not like she’s snapping up unknown companies before defense contracts are announced or laws are passed. I agree lawmakers should not personally be able to control their investments, but I’ve always found that she’s the most popular example hilarious, because questioning her trade history just makes people sound like morons.

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u/azdcaz 🟦 1 / 1 🦠 Jan 28 '25

Yeah. And she’s been outperformed by about a dozen of colleagues from both sides of the isles.

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u/JawnZ 🟦 218 / 218 🦀 Jan 29 '25

Both sides of the *aisle

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u/ubiquitous_apathy 🟦 0 / 0 🦠 Jan 29 '25

No, he's talking about Hawaii and Puerto rico.

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u/JawnZ 🟦 218 / 218 🦀 Jan 29 '25

yeah, who cares about Guam!... or the US Virgin Islands! American Samoa? ....Northern Mariana Islands?

crap.

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u/azdcaz 🟦 1 / 1 🦠 Jan 29 '25

lol. Didn’t proofread before replying

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u/Yodel_And_Hodl_Mode 🟩 1K / 1K 🐢 Jan 29 '25

You say that as if Republicans don't do the exact same thing. You're like Al Capone, pointing at someone & shouting "Oh my god, THAT guy is a mobster!"

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u/Ok_Computer1417 🟩 522 / 522 🦑 Jan 29 '25

It it helps you sleep at night, then sure.

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u/[deleted] Jan 28 '25

[deleted]

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u/Ok_Computer1417 🟩 522 / 522 🦑 Jan 28 '25

1) Timing doesn’t matter for her trades. Her average trade is a call ITM by already 50%-60% and 99% of them are Apple, NVDA, or MSFT. If the stock goes up she can sell calls and collect the premium and if the stock goes down she’s always so far ITM that they don’t expire worthless and she can hold the underlying asset until she beats the premium she paid. If you have the capital to buy multiple calls that deep it’s literally the smartest play in the Market. You just need the capital.

2) Name one single company she purchased before a major positive move that isn’t a maga-cap tech/growth company that 99% of the market isn’t already in. I’ll make it easy for you: https://unusualwhales.com/politics/profile/Nancy%20Pelosi

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u/[deleted] Jan 29 '25

[deleted]

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u/Ok_Computer1417 🟩 522 / 522 🦑 Jan 29 '25

“I don’t even know how to respond to this.”

Then you probably shouldn’t have… You’re argument for the first point is dumb because she didn’t make “a bet.” She’s essentially DCA’d into the NVDA over the last four years. If loading shares bi-monthly for half a decade is timing the market to you then I’m super curious what not trying to time the market is…

For the second point I just see a ton of words that didn’t answer my question in the slightest so I’m not even going to waste my time.

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u/Evanonreddit93 🟦 0 / 0 🦠 Jan 29 '25

You don’t think purchasing up to 5 million in calls, up to 20x her annual salary, is a bet?

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u/Ok_Computer1417 🟩 522 / 522 🦑 Jan 29 '25

She’s 84, her spouse has been in banking for over half a century, and they have a net worth closer to half a billion than to me. Questioning her salary/investment ratio is probably the dumbest thing I’ll read on the internet today and it’s only 7 am.

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u/[deleted] Jan 29 '25

[deleted]

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u/Ok_Computer1417 🟩 522 / 522 🦑 Jan 29 '25

Bruh, when I take the trash to the curb I don’t sit and have a conversation with the hefty bag.

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u/-TurboNerd- 🟧 0 / 0 🦠 Jan 29 '25

Exactly - she's on boring ass committee's that wouldnt give her particularly actionable insider information. I would guess her husbands investment firm gives them better plays than her political career.

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u/Farge43 🟦 543 / 541 🦑 Jan 28 '25

Yeah wasn’t trying imply the accusations were unfair. Sorry about that

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u/Zombie4141 🟦 7K / 9K 🦭 Jan 28 '25

I don’t think you were. I just know how the right blows her way out of proportion compared to most of their top earners. She’s the easy target. And democrats tried to pass a bill to ban politicians from trading stocks. But guess what party unanimously voted it down?

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u/[deleted] Jan 28 '25

[deleted]

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u/[deleted] Jan 28 '25

I thought stock trading as a politician is legal

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u/almightygg 🟦 86 / 87 🦐 Jan 29 '25

Genuine question here as I've heard a lot of sweeping statements from both sides of this argument and am unsure what to believe.

Do you have any examples of trades she has carried out, (as they are in the public domain as far as I am aware?), that show evidence if insider trading?

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u/Yabutsk 🟩 173 / 173 🦀 Jan 29 '25

Heavens to Betsy, Banks and Wall Street would NEVER.

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u/YourFixJustRuinsIt 🟩 0 / 0 🦠 Jan 28 '25

Dude dismantling democracy and that’s all you got. The leopards are coming.

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u/Farge43 🟦 543 / 541 🦑 Jan 28 '25

Yes I was able to make the totality of my opinions known with one snarky Reddit comment.

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u/New-Connection-9088 🟦 0 / 0 🦠 Jan 29 '25

Yeah bro the democratically elected president is doing things he’s legally allowed to do because the people told him to do it. This “it’s not democracy unless my guy wins” is pathetic.

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u/YourFixJustRuinsIt 🟩 0 / 0 🦠 Jan 29 '25

Nobody asked for P2025. Legality is definitely a gray area as most of what he’s trying will get held up in court.

I can afford to survive what’s coming. I hope you and your family can too. Most Americans including the ones that voted for him aren’t going to like the next 4 years.

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u/New-Connection-9088 🟦 0 / 0 🦠 Jan 29 '25

Trump was super clear about what he intended to do, and he’s doing it. He won the popular vote based on that. The last time a Republican won the popular vote was 20 years ago. And they didn’t just win the popular vote. Republicans won the Electoral College, and House, and the Senate. You’re just going to have to accept that most people want different things for the country. Many Americans are struggling today because of terrible policies. They’re looking forward to thriving again.

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u/YourFixJustRuinsIt 🟩 0 / 0 🦠 Jan 29 '25

Saving this so we can chat in the near future about how great things are.

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u/New-Connection-9088 🟦 0 / 0 🦠 Jan 29 '25

That's fair. I'll take the L if he starts WW3.

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u/xenelef290 🟧 0 / 0 🦠 Jan 28 '25

She is but he is better at it

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u/Inevitable-Creme4393 🟨 0 / 0 🦠 Jan 29 '25

Nancy aint got sht on me, I’ve been outperforming her since 2022

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u/Outsider-Trading 🟩 0 / 0 🦠 Jan 28 '25

Just to clarify.

The US government, under Trump, is planning to accrue and hold a million Bitcoin.

We are currently on the cryptocurrency subreddit.

People are complaining.

Did I get that right?

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u/nomadic_hsp4 🟨 0 / 0 🦠 Jan 28 '25

Where are you going to spend that crypto in the post neoliberal dust planet that these policies encourage?

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u/YourFixJustRuinsIt 🟩 0 / 0 🦠 Jan 28 '25

It’s hard to see with greed glasses on

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u/[deleted] Jan 28 '25

[deleted]

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u/nomadic_hsp4 🟨 0 / 0 🦠 Jan 29 '25

I mean if you don't mind being the definition of cartoonishly evil, sure. You are also assuming that there is no afterlife with morality judgements, so, betting to live better for the next... 30 years? against a possible eternity of suffering? Sounds like the definition of gambling to me.

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u/[deleted] Jan 29 '25

[deleted]

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u/nomadic_hsp4 🟨 0 / 0 🦠 Jan 29 '25

With every religion having a concept of morality, you are asking about what if they were all exactly wrong? You can gamble with that if you like. FAFO

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u/Big-Finding2976 🟩 2K / 2K 🐢 Jan 29 '25

Clearly there's no bloody afterlife. You die, you dead. Accept it and live your best life.

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u/nomadic_hsp4 🟨 0 / 0 🦠 Jan 29 '25

Clearly? How do you know?

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u/Big-Finding2976 🟩 2K / 2K 🐢 Jan 29 '25

Because we're clearly just a bunch of primates who share a common ancestor with chimpanzees; and our thoughts, feelings, etc. are all the result of neurons (mis)firing in our brains: and the idea of a spirit or soul that survives after we die is just a fairytale that we created to make us feel better about our mortality; and our fear of death was exploited by people who created religions to control us whilst they build their empires; and we can't understand how the universe could have come from nothing, so we choose to believe that it was created by a god who came from nothing, which is just as illogical but we choose to ignore that inconvenient truth.

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u/nomadic_hsp4 🟨 0 / 0 🦠 Jan 30 '25

There are many spiritual practices outside of Christian imperialism and its variants. What about them?

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u/Outsider-Trading 🟩 0 / 0 🦠 Jan 28 '25

I'll rent AGI compute to solve environmental problems. Also buy a flying car.

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u/customsolitaires 🟦 125 / 125 🦀 Jan 28 '25

Exactly… I can’t

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u/gsnurr3 🟩 580 / 571 🦑 Jan 28 '25

I’m all for a SBR. How it’s obtained is something else.

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u/holyfuck-no-names 🟩 0 / 0 🦠 Jan 28 '25

Yes you get it right fucking morons

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u/[deleted] Jan 28 '25

[deleted]

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u/pbfarmr 🟦 358 / 358 🦞 Jan 28 '25 edited Jan 28 '25

Crypto bros can’t reconcile that they’ve been moaning unintelligibly about money printing, currency debasement and government control of money in general for a decade. Now it’s a matter of “oh you want to print money to pump my bags? Fck yeah. Turn that printer on!”

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u/jenkumboofer 🟦 201 / 200 🦀 Jan 28 '25

it’s because everything he does he fucks something else up, so even with “good” news there’s almost certainly an asterisks attached to it with a downside

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u/[deleted] Jan 28 '25

[deleted]

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u/gsnurr3 🟩 580 / 571 🦑 Jan 28 '25

He did not contribute all of it, but for a single term he contributed more to it than any other single term in history.

I don’t think he has any intention of lowering it. Actions speak louder than words.

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u/[deleted] Jan 28 '25

[deleted]

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u/Soft_Walrus_3605 🟨 0 / 0 🦠 Jan 29 '25

There is really no such thing as bankruptcy for a country that prints the reserve currency of the rest of the world and always pays the interest on its loans.

It's kind of how we've been operating for the past 100 years or so. But sure, some crazy gamble on bitcoin is the savior of the richest country in the world.

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u/gsnurr3 🟩 580 / 571 🦑 Jan 28 '25 edited Jan 28 '25

I think our entire system is fucked. A natural outcome when money controls it all. However, I do think Trump is special and not in a good way.

If I go onto the FRED website, I can clearly see he was a fucking wrecking ball. It’s crazy to watch history repeat even as far as we’ve come.

Nonetheless, I do agree this was the outcome. It just got sped up a bit and Trump is simply a byproduct of such a fucked up system.

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u/Big-Finding2976 🟩 2K / 2K 🐢 Jan 29 '25

We need an obelisk to balance out the asterix.

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u/binglelemon 🟦 0 / 6K 🦠 Jan 28 '25

This guy gets it.

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u/yugutyup 🟩 436 / 561 🦞 Jan 29 '25

Yea because...intelligence

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u/Da_Notorious_HAM 🟨 10K / 20K 🐬 Jan 28 '25

And launching meme coins the weekend before he takes office

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u/diadlep 🟦 0 / 0 🦠 Jan 28 '25

I wish I knew the btc ceo. Need me those tips

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u/devonthor 🟩 0 / 0 🦠 Jan 29 '25

If he half’s our national debt he’ll be the GOAT

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u/RedditThrowaway-1984 🟩 0 / 0 🦠 Jan 28 '25

It’s not insider trading if they are telling you about it in advance.