Uncle Sam Wants To Stack Sats Without Opening His Wallet
March 8, 2025 at 7:19 PMby The Block Whisperer
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Bitcoin-hungry US government explores asset swaps to build reserves without taxpayer funds, as officials consider trading gold bars for digital gold.
Trump's executive order just created America's digital Fort Knox with 200,000 confiscated BTC.
But there's a catch – they can't use taxpayer money to buy more coins.
The administration wants to grow their Bitcoin bags without spending a dime, and they're getting creative about it.
Kanazawa Intelligence just dropped a bombshell report suggesting the Treasury should swap gold for Bitcoin.
We're talking about melting down some gold bars from Fort Knox and using the proceeds to stack sats.
It's basically the ultimate boomer-to-zoomer asset transfer – trade the shiny metal for digital gold.
This wouldn't add a penny to government spending since they're just swapping one asset for another.
The government could quietly use income from their existing assets to buy Bitcoin on the open market.
They're sitting on mountains of gold and Fed deposits that generate returns – redirecting that cash to sats is budget neutral.
It's like using the dividends from your boomer stocks to buy crypto without touching your paycheck.
The move would essentially make the US government the ultimate Bitcoin DCA machine.
Some folks floated the idea of using tariff income to buy Bitcoin, which sounded genius until Commerce shot it down.
It turns out tariff money is already earmarked for other purposes—it's no surprise that the government pre-spent income before it arrived.
The administration is scrambling to find money between the couch cushions of federal finances.
Meanwhile, Bitcoin maxis are practically begging the government to dump their gold for a real store of value.
Kanazawa also suggested the government could mine Bitcoin using idle computing resources in federal data centers.
This idea sounds great until you realize that most Bitcoin has already been mined, and the computing power needed is astronomical.
The feds would be competing with massive mining operations in Texas running latest-gen ASICs.
It's like suggesting the postal service should deliver packages by horse and buggy to save on gas – cute but completely impractical.
Most of the government's Bitcoin stash came from busting the Silk Road when BTC was under $100.
Those days are over – criminals aren't leaving billions in Bitcoin just waiting to be seized anymore.
The feds are even having to give back coins to entities like Bitfinex, shrinking their actual reserves.
Any strategy that relies on confiscating more Bitcoin is basically wishful thinking at this point.
If America really wants more Bitcoin without spending new money, they'll have to part with some gold.
It would be the ultimate acknowledgment that digital assets have a place alongside traditional reserves.
We're potentially witnessing the greatest wealth transfer in monetary history – from the asset that defined the 20th century to the one defining the 21st.
Michael Saylor has been preaching this sermon for years, and the US government might finally be his biggest convert.
The US government wants to have its Bitcoin cake and eat it too – growing reserves without spending cash.
It's the ultimate validation of crypto when the world's superpower is trying to accumulate without moving the market.
There’s no doubt that gold bugs are having existential crises at the thought of Fort Knox being slowly converted to cold wallets.
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