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Is It a Good Idea for the US Government to Stockpile Bitcoin? - Ep. 683

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Manage episode 432034449 series 1822984
Content provided by Laura Shin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Laura Shin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, George Selgin, senior fellow at the Cato Institute, discusses the recent proposals by Donald Trump, Robert F. Kennedy Jr., and Senator Cynthia Lummis for the U.S. government to establish a strategic bitcoin reserve. George provides his insights into the differences between these proposals, their potential implications, and why he believes the government should not be investing in bitcoin or other assets.

Show highlights:

  • 00:00 Intro
  • 01:16 How the Bitcoin proposals by Trump, RFK Jr., and Lummis differ
  • 04:08 Why George believes that Trump’s proposal to not sell the government’s bitcoin is just symbolic
  • 07:36 What the purpose of acquiring BTC is in the Lummis and RFK proposals
  • 11:29 Whether the government should even be investing in bitcoin or other assets
  • 18:53 How would the government buy BTC as per the Lummis bill
  • 25:08 How likely is it that the bill passes through Congress
  • 27:40 Crypto News Recap

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!

Guest

  • George Selgin, Senior Fellow and Director Emeritus of the Cato Institute's Center for Monetary and Financial Alternatives

Links

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

764 episodes

Artwork
iconShare
 
Manage episode 432034449 series 1822984
Content provided by Laura Shin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Laura Shin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, George Selgin, senior fellow at the Cato Institute, discusses the recent proposals by Donald Trump, Robert F. Kennedy Jr., and Senator Cynthia Lummis for the U.S. government to establish a strategic bitcoin reserve. George provides his insights into the differences between these proposals, their potential implications, and why he believes the government should not be investing in bitcoin or other assets.

Show highlights:

  • 00:00 Intro
  • 01:16 How the Bitcoin proposals by Trump, RFK Jr., and Lummis differ
  • 04:08 Why George believes that Trump’s proposal to not sell the government’s bitcoin is just symbolic
  • 07:36 What the purpose of acquiring BTC is in the Lummis and RFK proposals
  • 11:29 Whether the government should even be investing in bitcoin or other assets
  • 18:53 How would the government buy BTC as per the Lummis bill
  • 25:08 How likely is it that the bill passes through Congress
  • 27:40 Crypto News Recap

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!

Guest

  • George Selgin, Senior Fellow and Director Emeritus of the Cato Institute's Center for Monetary and Financial Alternatives

Links

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

764 episodes

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