A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC). What Happened: Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, ...
  • NotMyOldRedditName@lemmy.world
    1·
    12 days ago

    When there’s a disruptive force, you have a few options

    1. try to kill it so it can’t disrupt

    2. do nothing and be disrupted

    3. dip you toes in, so if disruption happens you aren’t blindsided and can hopefully wade through it

    4. take a chance and swim in it so you can be on the leading edge of that disruption.

    They’ve kinda tried option 1 but failed.

    Option 2 could lead to long term consequences

    Option 3 leaves them prepared but not overly exposed

    Option 4 would be pretty risky

    So really, option 3 is probably the best bet given option 1 hasn’t been working.