Bitcoin Irony

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So I want to get this straight:

  • Bitcoin was supposed to be some kind of anti-government, totally independent, don’t-need-the-Fed kind of creation;
  • And yet the crypto crowd is COMPLETELY happy to have the U.S. Government pander to them by pledging to create a huge “Strategic Reserve Fund” of this nonsensical crap;
  • Which leads to some politicians, including everyone’s hero here, standing in front of them this weekend and swearing up and down that they’ll buy billions of crypto once in office.

What a bunch of hypocrites. They want a bailout just like everyone else, courtesy of the Fed. What a shame that these pandering-driven gains are getting wiped out in real time.