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The government already holds a lot of Bitcoin already, from the Silk Road confiscation. Who knows, maybe they'll print more dollars and buy more. Better they do that than give it to some foreign country.
I think at-least 50% is waste, atleast. Magnified in the last 5 years where governments printed double the money, govt spending shot up but looking around the world most people’s quality of lives declined. It’s a symptom of our broken money.