Replies (47)
I like it.
Status: Game Theory ON ⚡️
Owning #gold & #bitcoin for the win if…
Exactly, then I think eventually, governments might just say fuck it, let’s just print money to accumulate it.
I’d meme this into existence
Gradually, then suddenly it will happen! Early adopters will benefits from it. Bitcoin to the moon 🚀
This theory is truly interesting and clever; using heavy tariffs on Swiss exports to create a short squeeze on gold and increase the value of reserves seems like an innovative idea. If this happens, it could enable the US to revalue its gold holdings and generate substantial capital to purchase Bitcoin.
On the other hand, executing such a complex and risky strategy could have widespread consequences in global markets and diplomatic relations. Additionally, the impact of these tariffs on Switzerland’s economy and the gold market should be carefully examined.
That reminds me, I’d still like to buy & read Parker’s book
This is about 20x more intelligent than anything that administration could come up with.
Would make too much sense. So probably not.
Sounds way too clever for Trump.
That's interesting
Clever people can work for even the stupidest of bosses... and he wouldn't have got where he is now if he was truly stupid, no matter what his enemies think!
I thought "WTF IS THIS ABOUT??" out loud when I saw the thing about gold bar specific tariff...
You mean steal it. Everything they have is stolen, everything they say is a lie
A global gold rugpull by the US Gov would be diabolical.
They would still have to sell the gold. I don’t see them selling gold to buy btc.
Interesting. It may play into the hands of BRICS though.
You are right.
Not likely to happen.
Gold buyers are outside of the US.
We’re nowhere near the top for gold…….theyre going to revalue at higher.
Then slap tariffs on all bitcoins that come to the US.
BRICS will turn the economic tables on the United States of America, leaving the American Empire to collapse in the same way as the Roman Empire. If every country turns their back on the US, the transition to a Bitcoin Standard will happen much sooner but more smoothly.
Tariffs hurt the importing country, not the exporting country. President Trump bit off more than he can chew, this time.
Nope. Just revalue. Fiat games.
Why do people want their governments to buy bitcoin? 🤦🏻♂️
@Lunapilot sure he could, you just need dumber people than him and tht sums up the republican party as of late. 😂
He has the verbal articulation skills of a fourth grader and he doesn’t seem to know how to read either. 🤷🏻♂️
If Gold hits $6,000 an ounce. I will sell 100% of my gold for real estate in El Salvador
We don't care for governments, but orange man is good for Bitcoin. It's pretty simple really.
Do many self proclaimed, competent world leaders in this thread...
You make some points which would sound better if America hadn't just had four years of a president who was barely functioning and nobody was willing to say anything... When politics devolves to "My guy is better than your guy because he isn't your guy", One does wonder about the whole system and where it is going.
I hope the governments of poorer countries buy Bitcoin sooner than the rich countries, to spread the wealth
Strangely, they don't really need to sell them. They have various tricks involving the gold (certificates) that they hold. They'll revalue the certificates, currently at $42 per ounce (seriously) to a large current value. Then they'll say "look at this massive profit we've earned overnight" and the beancounters will allow them to spend the profit
It's bizarre, and I don't actually think they'll do it. But it's an idea that has been discussed for a while
People don't understand that Bitcoin is money, they are fiat minded people who want the government to pump the dollar price of Bitcoin like it's some stock market scam.
And other people can see that Bitcoin will become the global reserve currency in the future, they don't want their economies to fail 20 years from now or whatever
Wrong.
Trump is international destroying USA in service to Israel.
You are being bled.
Make no mistake, we were fucked either way, but at least democracy wouldn’t be under threat by an authoritarian who also just happens to be a convicted felon.
His rhetoric is under the guise of “Making America Great Again”, but he had no problem taking advantage of the very things he is now vilifying.
He doesn’t give a shit about America, he only cares about his legacy, he does nothing that he also doesn’t benefit from. He continues to profit off of the presidency all the while patting himself on the back for not taking a salary.
This would be important if he wasn’t already rich or actually needed the money. Seriously, what does he have to pay for? Rent- nope, utilities - nope, transportation - nope, groceries - nope. Giving up $200,000 is nothing when you’ve already made damn near that off of your bullshit NFT’s.
I’m just glad the rest of the world can see him for what he really is, an egotistical fascist who silences any dissent by having them fired, calling them names or both and praises his sycophants.
I don’t want to bunch them all together, as there are some smart republicans, but MAGA doesn’t have a brain cell between the lot of them. Every conversation ends the same, some kind of silly meme followed by rhetoric about being a democrat, which I am not.
Our constitution is under threat every day he is in office and I fear where we’ll be in another 3 1/2 years. Stay tuned because if you don’t think he’s not going to try and stay for a third term, you’re only fooling yourself, the groundwork is being laid as we speak.
I mean, if bitcoin is finite, couldn’t governments control bitcoin if they buy enough?
We will agree to disagree on that one. 😅
Well, although I am coming around to the general idea of term limits, I do feel they should apply to ALL members of the three branches of Government. I don't have a problem with him having a third term at this moment although he isn't as young as he used to be. The limit was only put in after the war because four consecutive terms was a bit much... The rest of the world is following the matter with some interest, it is just nice to have someone at the top who is actually doing something. Biden eating ice-cream and falling off bikes wasn't a good look for America!
And speaking of things that didn't look good, taking an expired misdeed about some misfiled paperwork, slicing and dicing it into 31 federal offences and then charging him with all of them, this looked extremely dodgy and not to the high standards that the world expects of the legal system. Maybe he is the most evil person on the planet but due process is still owed in all cases.
I think the American Constitution will survive regardless, he does have a lot of capable people working under him and if he ends up cleaning up some of the festering mess that has evolved over the last hundred years or so then everyone will be happy!
My question is when? This year??
Because Bitcoin is a Ponzi scheme that will hit a brick wall soon and will totally destroy most folks' wealth and they will laugh all the way to the bank with the gold you sell for fake value. Bitcoin is not private, and is accepted by the most evil people now...the very reason the whole crypto thing was started, to end the fed. So if you want Privacy where it is the only crypto that can't be hacked by the NSA, then consider the Monero way....totally private AND morally right. They have a big nerdy programmer following that fixes things FAST because they are on a mission. Etherium has no real programmer support, just a copy and pasted java script that is hackable. I am amazed that so few consider the building blocks and the moral of a coin...just the advertising and promotion levels. Research the reasons for Monero and you will find that it can be very cheep to move around or HODL if you believe in something.
Nobody knows that…..and if they tell you they do, run.
You clearly see things differently than I, so I suppose we will agree to disagree. Cheers 🍻
and no, Bitcoin does not fit the definition of a Ponzi scheme
