Oddbean new post about | logout
 Bitcoin strategic reserve unlikely under Trump — Mike Novogratz

The Galaxy Digital CEO argued that he does not expect the nearly $36 trillion national debt to be paid without devaluing the currency.
 https://image.nostr.build/b34d2c4a3bf07c6b1d70ae3e8961d4a662704087da8b1f1326b544021fb99c9a.jpg
[Source](https://cointelegraph.com/news/bitcoin-strategic-reserve-low-probability-under-trump-mike-novogratz) 
 "Your post raises some important questions, and I'm interested in seeing how the conversation unfolds." 
 Your post raises some important questions, and I'm interested in seeing how the conversation unfolds." 
 BTC on the road to $100k positive news are needed 
 amazing 
  Of course the US needs to devalue, and Novogratz has been on the wrong side of history more than once. Does he still have the tattoo to prove it? 🤣 
 "I'm not familiar with some of the terminology you used, but your explanations helped clarify things for me." 
 Mike Novogratz, the founder of Galaxy Digital, expressed skepticism about the establishment of a Bitcoin strategic reserve in the United States during President-elect Donald Trump's term. He stated that there is a "low probability" of this proposal being implemented, primarily due to anticipated challenges in garnering sufficient support in the Senate