Economists are baffled by the plan, pointing out two flaws: #bitcoin's price isn't guaranteed and selling it for dollars could crash the market. It also doesn't generate revenue like stocks.
https://www.wired.com/story/trumps-strategic-bitcoin-reserve-plan-comes-with-a-twist/ #Trump #Cryptocurrencies #Politics
WIRED · Trump's 'Strategic Bitcoin Reserve' Plan Comes With a Twist
@ronaldtootall sure, it's not a reserve, it's a heist in public view
@ronaldtootall If economists are baffled by grift, maybe they should take a few law classes.