gtag('config', 'G-0PFHD683JR');
Bitcoin

The billionaire Shamath proposes to the use of bitcoin government holdings of the sovereign wealth fund in the future

Shamath Palbaiteia, which is called billionaire, says that the US government can obtain and operate the Federal Sovereign Resources Fund by taking advantage of Bitcoin’s possessions (BTC).

On Monday, President Donald Trump signed an executive order for treasury and trade departments to create a designed fund to provide long -term financial stability, economic growth and protection against economic shocks.

PALIHAPIIYA He says The X social media platform that the Trump administration can quickly prevent the project by taking advantage of the assets that the United States government already maintains, including Bitco TRVE.

“I think we can start selling its share by 50 % of Tiktok + borrowing against BTC Holdings if we don’t want to sell it. We can then in addition to that by directing any revenues from land/drilling deals and sales of any property from all abandoned buildings.

This is about 50-100 billion dollars with little effort over two years to three years. No borrowing.

It should be invested in a mixture of index funds, bonds, private stocks, hedge funds and investment capital (VC) where VC is less than 10 % and should shrink with an increase in the size of the place. “

According to Bitcoin’s weights, the United States government is currently He carries 198,109 BTC worth 19.408 billion dollars.

The sovereign wealth funds are the government -owned investment funds that usually use excess revenues, often from natural resources such as oil, to develop funds in the future.

While the states like Alaska run the sovereign wealth funds for years, the federal government itself has never used one.

Don’t miss a rhythm – Subscribe to deliver email alerts directly to your inbox

Check the price procedure

Follow us xand Facebook and cable

Browse the daily Hodl Mix

& nbsp

Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.

Created Image: Midjourney

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button