Max Keiser sarcastically suggests selling U.S. states to fund BTC strategic reserve, what other ways are there?
The crypto analyst and defender of Bitcoin Max Keizer suggests sarcastically that the US government could start to sell states to maintain the “budgetary neutral” strategic reserve, while more and more traders are starting to think about means for America to buy more BTC.
In a recent article, the Crypto analyst Max Keizer joked WE States could help the Asset The administration collects funds to finance its national strategic reserve. IA And the Crypto Tsar David Sacks clearly indicated that the BTC (BTC) The reserve will not be based on taxpayers’ money to finance it.
“Selling Maine, Vermont and Massachusetts to buy Bitcoin are neutral on the budget,” Keizer said in his recent post. The idea of establishing a Bitcoin reserve is not new to governments, as evidenced by the growing position of El Salvador in the original cryptocurrency.
Keizer, a former Wall Street veterinarian who is currently advisor to the president of Salvadoran, Nayib Bukele, has been optimistic about Bitcoin since at least 2011, promoting her his madly influential program The Keizer report broadcast on Russia today.
In addition to selling states, Keizer has also theorized that the sale of part of the country’s cheese reserves may be another viable option.
Other less sarcastic proposals have floated ways to create a Bitcoin reserve neutral budgetary. In a recent crypto at the cornerThe idea of selling the country’s denomination rights at the auction on national monuments, parks, lakes and rivers was posed.
“The auctions of denomination rights on national monuments offer a proactive and neutral boost, echoing the call of President Trump to exploit digital assets for American prosperity.”
“This is a plan that exists in sport. Denomination rights have long transformed stages into Treasury cows Without diluting their goal.
In fact, Crypto.com has already taken this stage when he acquired the names of name to rename the Staples Center in Los Angeles, California, in Crypto.com Arena in 2021. And Trump has already given the green light to rename other national monuments, rebranding the Gulf of Mexico to the Gulf of America earlier this year. The logic follows that by selling the rights of denomination at the Mississippi river or the Great Lakes at auction, the Fed could attract the BTC for the reserve due to the rental of their names for names to the main cryptographic entities.
Others like Bitcoin analyst Jimmy Song sharp to alternatives such as selling federal assets such as land, gold And unused buildings to win funds to buy more bitcoin for the national strategic reserve, although this would require the approval of the congress.
In addition, he also suggested selling or privatizing public services such as the postal service or Amtrak, as well as the rental of mineral rights on federal land.
Analyst and founder of Muse Labs Jiang Jinze also suggested Selling federal assets, more emphasis on gold because it thinks that its value is most in line with Bitcoin given the way in which they follow similar trends.
Another idea that he presented to traders through his X translated job is that the American government is starting to exploit its own BTC, similar to the way Bhutan began to adopt a state -supported cryptographic extraction mechanism for years to increase its cryptographic reserves.
Where the United States is in terms of BTC holdings
According to analysts, less than half of the 200,000 BTC Troves can be considered “real reserves”. Indeed, the American government is forced to return a large part to various entities.
Last January, the American Federal Court judge that 94,643 BTC stole in 2016 Bitfinex Piracy must be referred to the exchange. The US government is currently holding Bitfinex cryptographic funds stolen after being seized by the authorities.
In 2014, the American government in a sealed offer sold more than 29,000 bitcoins which it held in the financial Tim Draper.
Keizer moved also commented.
With the summit of the White House crypto which is looming on the horizon, in addition to the official establishment of a Bitcoin strategic reserve yesterday, analysts now wonder how a budgetary approach to paddle in the Fed chests can help make the United States a global cryptocurrency power.
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