A Most Curious Proposal: The US and Its Bitcoin Reserves

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My dear reader, one might wonder what the United States government could do with its tariff surplus, which, as if by magic, has amassed a sum of $135.7 billion in customs duties-double the pace of last year! 🤔💰

Adam Livingston, a most esteemed author of “The Bitcoin Age and The Great Harvest,” proposes that the government might channel these funds into a strategic reserve of Bitcoin, a digital marvel that, while not yet traded or staked, promises to be a most prudent investment. 🧠✨

“As of July, we’ve collected $135.7 billion in customs duties-double last year’s pace. Let me repeat that we’re sitting on a $70 billion surplus from tariffs, and we haven’t even finished the fiscal year!”

This surplus, a most curious sum, is unallocated, pre-spent, and entirely unbound by the chains of Medicare, entitlements, or debt service. It floats, as if waiting for a most tantalizing opportunity. 🌪️

One might argue that this surplus could be the key to acquiring more Bitcoin under President Trump’s executive order, which, as a most budget-neutral strategy, allows for such acquisitions. 🚀

US Treasury Secretary Sends Mixed Signals on Strategic Reserve

Mr. Bessent, the Secretary of the Treasury, declared with great solemnity that the government would not be purchasing any new BTC for the strategic reserve. “We’re not going to be buying that,” he said, as if the matter were settled. 🤷‍♂️

However, a most perplexing turn of events followed, as Mr. Bessent later clarified that the government remains “exploring budget-neutral pathways” to accrue more of this digital currency. A most imprudent valuation, indeed! 🤯

Proposals abound, from revaluing the Treasury’s gold holdings-currently priced at a most absurd $42.22 per troy ounce-to selling oil from the strategic petroleum reserve to acquire more Bitcoin. A most curious proposition, to say the least. 🌟

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2025-08-17 20:22