Oddbean new post about | logout
 An amusing thought experiment. Since 🇺🇸 has 210k bitcoin and another 1M in taxable ETFs, that would be ~$50 million per bitcoin. 

The Fed could slowly and secretly buy bitcoin up to that price and would accumulate more in the process, so the actual price target would be far less. The bitcoin price will probably hit that number eventually anyway without the Fed buying, but the Fed would end up with more bitcoin if it was the one doing the buying (other than say China or Russia).

https://bitbo.io/news/trump-bitcoin-national-debt-payment/