Feasibility and future of Trump’s Federal Bitcoin Reserve idea: Tyler Cowen
As governments explore new financial assets, Bitcoin has emerged as a potential player in public reserves. Senator Cynthia Lummis proposes a $67 billion Bitcoin stockpile for the Treasury, supported by Trump as a national asset. While the bill may falter, the idea raises important questions about government involvement in crypto. As nations like Argentina and El Salvador embrace both dollars and Bitcoin, the separation of state and cryptocurrency may become a thing of the past.
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By Tyler Cowen
Which financial assets a central bank should buy and sell is hardly a novel question.
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