closereach.bsky.social
@closereach.bsky.social
Reposted
it's worse than a subsidy! they want to appropriate a quarter trillion dollars' worth of US public assets and give them to a tiny handful of bitcoin whales!! it's highway robbery!!! prospect.org/power/2024-1...
Let’s be real: This is a subsidy. The people who hate public spending have invented a massive government subsidy for a technology that has still yet to find a broad-based practical application 15 years after its debut
Crypto leaders press Trump to create federal bitcoin reserve
President-elect Donald Trump has expressed support for the bitcoin idea, which some economists see as inflationary and costly, depending on its implementation.
www.washingtonpost.com
November 27, 2024 at 8:58 PM