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White House Says Gold Reserves May Be Used to Purchase Bitcoin (finance.yahoo.com)

submitted 3 weeks ago by cm0002@lemmy.world to c/usa@midwest.social

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[–] Xaphanos@lemmy.world 19 points 3 weeks ago

The biggest pump and dump ever.

[–] hmonkey@lemy.lol 8 points 3 weeks ago (1 children)

So they want to replace something that's always had value with something they very likely don't even understand? What's the rush?

[–] djsoren19@lemmy.blahaj.zone 10 points 3 weeks ago

The rush is to funnel government funds into the pockets of Trump and his cronies.

[–] Gnugit@aussie.zone 6 points 3 weeks ago

Imagine...

[–] homesweethomeMrL@lemmy.world 6 points 3 weeks ago

I love what they're doing with our money.

Wait - no I fucking don't what the fuck

[–] NOT_RICK@lemmy.world 3 points 3 weeks ago

Pitting the gold speculators against the cryptobros?

Let them fight

[–] Substance_P@lemmy.world 2 points 3 weeks ago

So this is speculative policy and is going to 100% be met with strong political headwinds, but it'll boost the price of Bitcoin for the bros for sure. Looks like just another pump and dump grift to me.

[–] TacoButtPlug@sh.itjust.works 1 points 3 weeks ago

OK so they REALLY want to bankrupt the country. Jfc.

[–] anachronist@midwest.social 1 points 3 weeks ago

Ok I admit, now it's starting to get funny.