Bullish:

• 🟢 $BTC - Discussing the potential appreciation of Bitcoin and its strategic value for the government.
  • “If Bitcoin does appreciate, then it will be the case that in 20 years, the government will have more resources and it can use those resources for all kinds of things.” - George (0:00)
  • “The gamble is Bitcoin's going to appreciate. If the government has a 1000000 Bitcoins, it can use the profit from having invested in them to buy off more debt than it could have bought off as simply using the resources that were already in its possession.” - George (0:00)
  • “If the Bitcoin goes up in value, that's great.” - George (0:00)
  • “Between cheese and Bitcoin, I say go for the Bitcoin. Definitely.” - George (0:00)
  • “I do like to see the government signaling that it's not going to be hostile to Bitcoin.” - George (0:00)
  • “I am sympathetic to the idea of taking advantage of the government's taking advantage of the appreciation of this gold, somehow.” - George (0:00)
  • “I think if you think about the original motivation for Bitcoin, the philosophy behind it, if you like, the more the government has, and that's, again, not just the US government but governments in general, the less it's actually able to do the things that its founders wanted it to do.” - George (0:00)🔒
  • “I think they should stick to the business of just keeping assets on hand that they need to run the government And that, getting involved in risky investments is probably generally not something we want governments to do.” - George (0:00)🔒
  • “I am sympathetic to the government in various ways, in small ways, perhaps, signaling that it is no longer hostile to cryptocurrency.” - George (0:00)🔒
  • “I don't think this legislation is by any means something that should be written off as pie in the sky or hopeless or or politically naive. I don't think it's any of those things.” - George (0:00)🔒
  • “The Kennedy proposal is not specifically one aimed at, using Bitcoin for reducing the government debt. He is treating Bitcoin as if it were a strategic asset in the way that oil and, certain minerals and pharmaceutical supplies can be.” - George (0:00)🔒
  • “I find these arguments very, very vague. I don't understand the sense in which the US government can use Bitcoin other than as an investment asset.” - George (0:00)🔒

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