Carol Roth
👤 PersonAppearances Over Time
Podcast Appearances
When you think about a strategic reserve, Glenn, you're thinking about things that you need in case of a national emergency and in case of an economic emergency that you have a stockpile. And so it makes sense that we would have oil or ammunition or medicine or things stockpiled. But all of a sudden we say, well, we need to have a cryptocurrency stockpile, strategic reserve.
When you think about a strategic reserve, Glenn, you're thinking about things that you need in case of a national emergency and in case of an economic emergency that you have a stockpile. And so it makes sense that we would have oil or ammunition or medicine or things stockpiled. But all of a sudden we say, well, we need to have a cryptocurrency stockpile, strategic reserve.
When you think about a strategic reserve, Glenn, you're thinking about things that you need in case of a national emergency and in case of an economic emergency that you have a stockpile. And so it makes sense that we would have oil or ammunition or medicine or things stockpiled. But all of a sudden we say, well, we need to have a cryptocurrency stockpile, strategic reserve.
The question mark is why? Why do we need that? Why is that impacting our national security? Because I think it's the same as gold. But it's not the same as gold. It's not being held by central banks around the world. It's not something that we actually even have in tangible form. And this kind of goes to the bigger feeling from the crypto community.
The question mark is why? Why do we need that? Why is that impacting our national security? Because I think it's the same as gold. But it's not the same as gold. It's not being held by central banks around the world. It's not something that we actually even have in tangible form. And this kind of goes to the bigger feeling from the crypto community.
The question mark is why? Why do we need that? Why is that impacting our national security? Because I think it's the same as gold. But it's not the same as gold. It's not being held by central banks around the world. It's not something that we actually even have in tangible form. And this kind of goes to the bigger feeling from the crypto community.
When this was announced, it was not announced as a Bitcoin reserve. It was announced as a reserve that included all kinds of things, including things that bordered on meme coins and alternative coins that most people in the cryptocurrency community don't think have any intrinsic value.
When this was announced, it was not announced as a Bitcoin reserve. It was announced as a reserve that included all kinds of things, including things that bordered on meme coins and alternative coins that most people in the cryptocurrency community don't think have any intrinsic value.
When this was announced, it was not announced as a Bitcoin reserve. It was announced as a reserve that included all kinds of things, including things that bordered on meme coins and alternative coins that most people in the cryptocurrency community don't think have any intrinsic value.
And so that's been part of the frustration that if you want to make the argument for a Bitcoin-only reserve, then we can have a healthy debate and maybe there's some sort of reasoning behind that.
And so that's been part of the frustration that if you want to make the argument for a Bitcoin-only reserve, then we can have a healthy debate and maybe there's some sort of reasoning behind that.
And so that's been part of the frustration that if you want to make the argument for a Bitcoin-only reserve, then we can have a healthy debate and maybe there's some sort of reasoning behind that.
I think that the feeling from the community is that in terms of anything that looks like hard money, that Bitcoin is the only one that comes close to that. And that there are a lot of people in the administration who frankly have interests. In cryptocurrency, and that's why it's getting this level of attention.
I think that the feeling from the community is that in terms of anything that looks like hard money, that Bitcoin is the only one that comes close to that. And that there are a lot of people in the administration who frankly have interests. In cryptocurrency, and that's why it's getting this level of attention.
I think that the feeling from the community is that in terms of anything that looks like hard money, that Bitcoin is the only one that comes close to that. And that there are a lot of people in the administration who frankly have interests. In cryptocurrency, and that's why it's getting this level of attention.
So I think that perhaps maybe there's clarification this week of what this strategic reserve looks like. As you mentioned, the holdings of cryptocurrency by the U.S., you know, I believe you're referencing the amount of cryptocurrency that we have seized from criminals and other organizations.
So I think that perhaps maybe there's clarification this week of what this strategic reserve looks like. As you mentioned, the holdings of cryptocurrency by the U.S., you know, I believe you're referencing the amount of cryptocurrency that we have seized from criminals and other organizations.
So I think that perhaps maybe there's clarification this week of what this strategic reserve looks like. As you mentioned, the holdings of cryptocurrency by the U.S., you know, I believe you're referencing the amount of cryptocurrency that we have seized from criminals and other organizations.
Or we could jump it off and pay down our debt and not have an interest that exceeds our debt.
Or we could jump it off and pay down our debt and not have an interest that exceeds our debt.