Is A U.S. Bitcoin Reserve A Strategic Move or Risk? (Uncut) 03-18-2025

today we’re going to be talking about the Bitcoin the crypto Reserve that they’re putting in does this make sense I mean you guys know how I feel about Bitcoin you know some things do make a lot of sense other things not so much the working group shall evaluate the potential creation and maintenance of a national digit asset stockpile and proposed criteria for establishing such a stockpile potentially derived from cryptocurrencies lawfully seized by the federal government through its law enforcement

efforts frankly this to me makes a whole lot of sense believe it or not but it’s that potentially piece that could be a little problematic you always have to wonder when they write these things they typically will write them in a way that gives them a whole lot more leeway and this is the government’s stockpile of cryptocurrencies now look they’ve got about 17 a little bit more than 17 billion in there and by a wide margin wide wide wide Bitcoin is what they have the most of next I think it’s the oh

it’s the uh tether the US dollar the stable coin would be the second but it’s it’s so far below what they have in Bitcoin so let’s just keep going does it make sense to manage the C’s cryptos 100% it makes sense to manage these um but there is the difference between a stockpile where you’re just kind of accumulating them and a reserve which kind of makes you think that they’re going to do something with them so let’s just keep going on because honestly I think it makes sense they’re they’re doing that anyway they might as well

have somebody that knows what they’re doing in they’re managing these crypto assets or instruments whatever you want to call it but when this was first announced the market capitalization of the the entire Global cryptocurrency industry Rose 329 billion in 3 hours can this really be the foundation for sound money that level of move because they’re told that they’re going to be creating a new uh Reserve System he also president Trump also listed xrp Solana and cordona as three coins that would be included in

the reserve and then he also said I love Bitcoin and ethereum and said those coins would also be in the reserve he might have misspoke a little bit because it probably should be the largest but if we’re just using the seized cryptos okay the posts also demonstrated in real time the depth of influence he has over a multi-trillion dollar industry that just a few weeks ago was a target of government suspicion not support but I want to take that like a huge step forward on that because this is a market

that just started being created in let’s see when was that oh January of 2009 was when Bitcoin was born although the NSA which is a government agency did propose it back in 1996 so this is something they’ve been working on for a while which is why I think that it’s a trojan horse but we’ll be talking more about that at any rate what you’re looking at here is risk on baby and that’s really been the climate it’s not been the reaction but that’s been the climate lots and lots of risk as the White House prepares for Cris for

the crypto Summit billionaires and Industry leaders are attending and you know who are they going to set this thing up for your benefit or their benefit just saying the mere Prospect of the government speculating in the crypto Market is is already enriching the small share of Americans heavily invested in these assets yep for the taxpayer the purpose of such an initiative is obscure the crypto industry is a hypers speculative Casino it is not essential to the American Financial system nor are cryptocurrencies essential to the

American public but I will also say in here that the entire world is adop op ing cryptocurrencies what I don’t know and the reason why I don’t have any of these yet is because I’m not quite sure who’s really going to survive this they are about to be tested and we’re going to know who’s going to survive I always love the graphics though oh my God why are cryptocurrencies always either gold silver or platinum because they’re trying to gain your confidence this too re acquires your confidence especially

since you’re never going to have that understanding unless you are a specific kind of engineer which personally I am not