The US government should not borrow money to buy Bitcoin as a speculative bet, even if analysts like Michael Saylor predict it will reach $13 million or Tom Lee predicts $250,000, because government fiscal policy should not engage in financial speculation—that is the private sector's role, and such spending would increase treasury note supply and interest rates at a time when citizens are already complaining about mortgage costs
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Speaker
Jim BiancoEvidence Quote
“I don't think that's the purpose of what government is is to speculate that's the private sector's job is to speculate on the price of assets not the government's job”
Created: 8/11/2026, 7:52:47 AM
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