Comment by Grunblau on 01/02/2025 at 22:20 UTC

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View submission: Bullish Bitcoin Interview that just came out

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I’d rather tokenize the gold and add a few other metals and strategic stockpiles and develop a currency that is represented by all of these reserves including Bitcoin. Redeemable in gold, silver or Bitcoin.

This version of a Bitcoin reserve is short sighted and of course everyone wants their bags pumped. I’d rather it not be tied to dollar debt. Selling gold at a time when BRICS are about to announce a gold backed money is counter productive for our country.

We also need to protect against a Blackrock fork away from proof of work.

I buy Bitcoin because there is no alternative that is better. If there is a redeemable gold/silver note. This might change for a lot of governments, etc.

I do think the act will fail and I will buy the dip.

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There's nothing here!