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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36

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.

1

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

We need an obelisk to balance out the asterix.

1

u/binglelemon 🟦 0 / 6K 🦠 Jan 28 '25

This guy gets it.

0

u/yugutyup 🟩 436 / 561 🦞 Jan 29 '25

Yea because...intelligence