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Bitcoin

A US Bitcoin reserve would do much for Bitcoin and little for taxpayers

Once the facts are understood, no U.S. taxpayer without Bitcoins would support a proposal to use their tax dollars to bolster its price.

By: The Hill
  • Aug 14 2024
  • 28
  • 3116 Views
A US Bitcoin reserve would do much for Bitcoin and little for taxpayers
A US Bitcoin reserve would do
Speaking at the Nashville Bitcoin 2024 conference, Sen. Cynthia Lummis (R-Wyo.) floated a “revolutionary proposal” to make the federal government a Bitcoin investor. It is hard to imagine how this might benefit U.S. taxpayers or support the dollar’s ... [5773 chars]

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