The Fool’s Gold of a Crypto Reserve. Government bitcoin and crypto reserves serve no useful purpose and invite political mischief.

https://www.wsj.com/opinion/the-fools-gold-of-a-crypto-reserve-trump-executive-order-audit-bitcoin-f4dd347a

created by Beliavsky on 10/03/2025 at 14:26 UTC

11 upvotes, 5 top-level comments (showing 5)

Comments

Comment by AutoModerator at 10/03/2025 at 14:26 UTC

1 upvotes, 0 direct replies

/r/Republican is a partisan subreddit. This is a place for Republicans to discuss issues with other Republicans. To those visiting this thread, we ask that unless you identify as Republican that you refrain from commenting and leave the vote button alone[1]. Non republicans who come to our sub looking for a 'different perspective' subvert that very perspective with their own views when they vote or comment.[2]

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Comment by clayton191987 at 10/03/2025 at 14:31 UTC

8 upvotes, 0 direct replies

Yup

Comment by GirlsWasteXp at 10/03/2025 at 14:56 UTC

5 upvotes, 0 direct replies

This is Trump's way of saying thank you to the crypto bros and libertarians who voted for him.

Comment by Beliavsky at 10/03/2025 at 14:26 UTC

1 upvotes, 0 direct replies

archived at https://archive.is/M7N8s[1][2]

1: https://archive.is/M7N8s

2: https://archive.is/M7N8s

Comment by prawn108 at 10/03/2025 at 14:50 UTC

-2 upvotes, 0 direct replies

The Bitcoin reserve may be the only way to get the country out of debt and stay the richest country in the world into the future. It’s the most scarce global commodity and the only monetary network that can’t be abused by government printers. We can have a world where the federal reserve isn’t stealing from all of us and breaking our backs by inflation. We can have a world where homes are valued for their utility and not used as a hyper inflated store of value.

The shitcoin reserve is doodoo. But if the shitcoin reserve is only used to funnel money into the Bitcoin reserve that it takes from scammers, it’s doing something.