> The main argument for a Strategic BItcoin Reserve seems to be that Bitcoin holders worry about an impending shortage of greater fools and need the US government to act as the greatest fool of last resort.
I honestly don't think it's that far fetched. It meshes perfectly with the rest of "government busting" moves they've made so far, and it has the added elegance of catering to their crypto bro friends in the process. They don't have to burn all the social security on this to cause serious trouble.
* https://twitter.com/davidfrum/status/1870564077535470079
> They're libertarians who want a US Treasury bailout for their fake money
* https://web-cdn.bsky.app/profile/davidfrum.bsky.social/post/...