

UNCHAINED: Is It a Good Idea for the US Government to Stockpile Bitcoin?
Aug 2, 2024
Donald Trump, a former President and current candidate, alongside RFK Jr., a political figure, and Senator Cynthia Lummis, a Bitcoin advocate, explore the idea of a U.S. Bitcoin reserve. George Selgin from the Cato Institute critiques their differing proposals, highlighting the symbolic nature of Trump's plan. The discussion dives into the risks of government Bitcoin investments and the implications for taxpayers. They compare Bitcoin's volatility to gold's stability, raising questions about prudent use of taxpayer funds in crypto ventures.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Intro
00:00 • 2min
Exploring U.S. Government Proposals for a Strategic Bitcoin Reserve
02:02 • 3min
Government Ownership of Bitcoin
04:41 • 8min
Examining the Risks of Government Bitcoin Investments
12:21 • 4min
Government Gold vs. Bitcoin: Exploring Financial Strategies
16:03 • 12min
Crypto Week Recap: Highlights and Developments
28:24 • 12min