Ever wondered if a US Bitcoin Reserve could be used as a “potent political weapon”? Well, wonder no more! Arthur Hayes, a crypto industry bigwig, seems to think so. According to him, a strategic Bitcoin reserve could be a “net negative” for the industry.
Hayes, one of the founders of the BitMEX crypto exchange, argues that a potential Bitcoin stockpile would just be another financial asset that could be bought and sold at the drop of a hat.
“Imagine a million Bitcoin just sitting there, ready to be sold; it just takes a signature on a piece of paper,” Hayes said.
He even goes on to say that it could turn into a “potent political weapon” in the wrong hands. But, fear not, dear reader! This is all just speculation and opinion. There are, of course, others who believe that a national Bitcoin stockpile could be a good thing.
For instance, Asset management firm VanEck recently predicted that a Bitcoin reserve could reduce America’s national debt by 35% by 2
Read More
- OM PREDICTION. OM cryptocurrency
- Carmen Baldwin: My Parents? Just Folks in Z and Y
- Jellyrolls Exits Disney’s Boardwalk: Another Icon Bites the Dust?
- Jelly Roll’s 120-Lb. Weight Loss Leads to Unexpected Body Changes
- Despite Strong Criticism, Days Gone PS5 Is Climbing Up the PS Store Pre-Order Charts
- Solo Leveling Season 3: What You NEED to Know!
- Moo Deng’s Adorable Encounter with White Lotus Stars Will Melt Your Heart!
- Lisa Rinna’s RHOBH Return: What She Really Said About Coming Back
- Billy Ray Cyrus’ Family Drama Explodes: Trace’s Heartbreaking Plea Reveals Shocking Family Secrets
- The Perfect Couple season 2 is in the works at Netflix – but the cast will be different
2025-02-06 08:43