US Strategic Bitcoin Reserve (So Dumb)
From Matthew Kratter's Bitcoin University
## Video Description
> In this video, I discuss why setting up a Strategic Bitcoin Reserve at the US federal level is a bad idea. The US federal government is a bloated, inefficient, and mostly evil entity that deserves to be defunded, rather than funded.
> In addition, it's more in keeping with the Bitcoin ethos and the ethos of the founding fathers to focus instead on setting up Bitcoin reserves at the state and local levels.
> If you expect the USA to break apart into a thousand different regional powers and tribes in the coming decades, a national Bitcoin reserve makes little sense, and could even become an unnecessary point of contention.
originally posted at