
Episode 1681 • • 57:48 - 1:00:09
1681: Daddy Long Legs
Trump Strategic National Bitcoin Stockpile Proposal
Donald Trump announced a policy to maintain a "strategic national Bitcoin stockpile" by keeping 100% of the Bitcoin currently held or acquired by the U.S. government. Senator Cynthia Lummis followed the speech by introducing legislation for a formal Bitcoin reserve, which would involve the Treasury purchasing up to 1 million Bitcoin over five years. The plan suggests using existing Federal Reserve assets rather than printing new currency.
