CoinDesk Podcast Network

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.
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