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Finance Minister hoarding BTC? The Plan B for the dollar is here.
The finance minister said in one sentence: "We want to establish a Bitcoin reserve," which caused the market to explode. It's worth noting that the Treasury usually loves to issue bonds and print money, but now they are actually HODLing together with ordinary players in the crypto space?
The logic behind this is actually quite straightforward: the dollar has been heavily overdrawn in recent years, with a towering debt and rampant inflation. If the treasury doesn't prepare more "hard currency", it may be caught off guard
Finance Minister hoarding BTC? The Plan B for the dollar is here.
The finance minister said in one sentence: "We want to establish a Bitcoin reserve," which caused the market to explode. It's worth noting that the Treasury usually loves to issue bonds and print money, but now they are actually HODLing together with ordinary players in the crypto space?
The logic behind this is actually quite straightforward: the dollar has been heavily overdrawn in recent years, with a towering debt and rampant inflation. If the treasury doesn't prepare more "hard currency", it may be caught off guard
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