This reality is so fucking stupid. Let’s sell something of value to buy something that is only valuable if someone really wants it bad enough.
So. America got bought by a vulture capitalist and they are selling off assets.
“Running America like a business”
So… I’m guessing the plebs get the cryptocurrencies. Which are backed by stablecoins… which are backed by tech grifters saying “I can cover it bro, trust me”.
Meanwhile the elites will take all that worthless gold and dispose of it for us.
Bitcoin is backed by the price of coal.
For all intents and purposes, bitcoin is effectively minted coal.
Bitcoin doesn’t relate to coal that’s still unburnt. It’s more a certificate confirming a quantum of environmental destruction.
That’s probably a better way to put it yeah.
And as fucked as it is, it is a fact that this does hold value and is backed by it.
It’s just a pretty shit thing to be backed by ethically.
But nonetheless, there is value in bitcoin, it’s just best we don’t encourage further investment in such a thing.
So it’s backed by climate change?
Yep. It’s unethical but nonetheless makes the coin actually have tangible holdings, because it’s actually impacting the real world.
Dumbest. Fucking. Idea. Ever
Well no its actually a perfect method of looting the treasury and handing all the country’s future wealth to the billionaires now, making them trillionaires, and all in a way thats essentially impossible to track…
Mr. Art of the deal-do is robbing you blind. No matter how this ends, he and felon will have stashed piles of you cash
A purchase shortly followed by one of the biggest bitcoin and market crashes in modern times.
I’ve never been this high
BWAHAHAHAHAHA Genius. Step 1: Buy Shitcoin with actual gold (the most stable wealth storage)
Step 2: Bitcoin price rises
Step 3: Sell all your bitcoin, rugpull the entire thing
Result: You have now robbed Fort Knox. Legally.
Make sure to tell a magat how much you hate them today for bringing this fucking bullshit upon us
Make America Great Depression Again
nah, they’re just bringing back the roaring 20s!
So they want to trade something that is almost always worth a lot for something that is sometimes worth a theoretical shitload or less than a loaf of bread, depending on the day?
Brilliant, very good. Nothing stupid will come of this I’m sure. /s
Kinda makes trump the most relevant libertarian
I don’t know why so many commenters think this is just a joke or funny. They’re talking about stealing the wealth of America to give to their rich friends directly through Bitcoin scams. That’s what this will be. Giant government-funded pump and dump for their rich fascist friends.
It’s worse because as described in the largest comment in the thread the Federal Reserve is not the US government’s wallet. And there is no mechanism for them to “just sell gold”.
It’s yet another thing that sounds vaguely feasible only if you know absolutely nothing about any of the systems in place.
It is a joke and it is funny and it would also have serious consequences. This is a classic example of the lulz. Politics can be so dark and twisted real, and if you want to stay involved in it for decades, you have to appreciate the lulz and then still keep going.
Let’s compare it to, for example, the fact that Donald Trump has control over the US military and nuclear weapons. That’s shocking. He’s a complete moron and he’s kind of evil to boot. Many of his good buddies are evil racist pieces of s***, too. So that’s the starting point. That’s where most of us are already at. Does this current idea make things worse? Of course it does. But things were already bad. That’s why we’re not panicking anymore than we were yesterday or last month.
They’re talking about stealing the wealth of America
The wealth of America isn’t in a bunch of yellow rocks piled up in a vault in Kentucky. We’re dismantling the NIH. We’re dismantling the NOAA. We’re dismantling Medicaid and Medicare. We’re dismantling the entire higher education system.
If this was a four year long bank robbery, I wouldn’t give a fuck. It’s the destruction of our scientific and health care communities that has me gaping in horror.
It’s wealth owned by the American people right? I didn’t say it was the only wealth.
The One Piece is real
Trump has already made it clear that he’s a Russian asset. The only question that remains is if he doing their bidding knowingly.
How would he go about transferring wealth to Putin & pals? He can’t do business with them, because sanctions.
Russia already owns 12% of the world’s crypto.
Trump can inflate their value by pulling shit like this.
Russia: profit.
There is speculation that a secondary goal here would be to weaken the US dollar as a defacto exchange currency standard worldwide if Bitcoin were to gain prominence.
That would be highly beneficial to certain “very good friends” of Trump like Putin whom would much prefer an unregulated currency that the US cannot impose controls over when presidents change.
It’s not really speculation that they want to weaken the dollar and dethrone it as the world’s reserve currency; it’s in Project 2025. Stated goal is to transition the US back to a manufacturing-heavy economy, instead of service, tech, finance, etc. Probably won’t work well, but that’s what they’re trying to do.
Would it surprise you if the Russian state turned out to be Satoshi and holding on to all those early mined blocks?
It would very much surprise me if Satoshi turned out to be Russian (is that what you’re asking?). His whitepaper proposal is written in very fluent English, as are his other communications on SourceForge etc, also Russians are not known for their technological entrepreneurial aspirations - at least not for the last ~40 years.
To be honest I would not be surprised if whoever Satoshi is has died, rather than craftily holding onto the early minted blocks. Only time will tell if they ever get transacted.
I wouldn’t think it’s one person. More like a state-funded project. I’m not really a conspiracy theorist, but it feels like russiayhas been playing some good 4D chess lately. Feels like the pieces are falling into place for a revelation like that.
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