Government adoption of Bitcoin through a strategic reserve bill requiring the US to buy 1 million Bitcoin (5% of total supply) is not a legitimate policy goal but rather a government bailout for Bitcoin holders who are running out of retail buyers to push prices higher.

causalpending

Speaker

Peter Schiff

Evidence Quote

“bitcoiners realize that they're running out of individuals that are dumb enough to buy Bitcoin so now let's get the politicians to do it”

Source

Peter Schiff & Jack Mallers Debate Bitcoin Vs. Gold, Collapse Of Dollar— David Lin
Created: 8/12/2026, 6:49:19 PM

My Notes

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