>>21447523US is probably putting a bid under it to build up a reserve. Might not be official until Yellen is out of the way, but wouldn't surprise me if there's a handshake deal done to have whoever is the new treasury sec buy big blocks of it from Blackrock or w/e.
They figure if we've got to revalue something up and peg our currency to it may as well be that. It's not that they want to fallback on a hard asset backing, just that they know they might need to, and if it's gold BRICS has waaaay more than us so that can't be the play.
Not a maxi, currently own zero, just saying. Trump was talking about a bitcoin reserve suddenly... you think he came up with it on his own? He doesn't give af about that shit, that's JD Vance and Thiel scheming on behalf of Wall St to defend the dollar.
