Texas Legislator Introduces Bill to Establish Bitcoin Strategic Reserve

cratermoon · 2024-12-12T18:48:28 1734029308

Might as well establish a strategic reserve of tulips while they're at it.

Finnucane · 2024-12-12T18:49:48 1734029388

US taxpayer as bagholder-of-last-resort.

Terr_ · 2024-12-12T18:53:41 1734029621

Yeah, at best this is a deliberately mis-named proposal to get the state to gamble taxpayer dollars into speculative investments.

npoc · 2024-12-14T11:53:46 1734177226

How many bubbles crash multiple times and to a significantly higher value each time?

Will you still be comparing bitcoin to tulips when it crashes from $1.2M to $0.8M?

cratermoon · 2024-12-16T06:09:09 1734329349

Yes, because it doesn't matter where it ends up, what matters is how many people conned into buying at $1.1M right before it crashes to $0.8M.

npoc · 2024-12-21T16:58:07 1734800287

So because shops have sales where people buy jeans at one price and a week later the jeans cost 30% less, shops are a scam/useless/a bubble?