
Jinze 金泽|Mar 07, 2025 02:38
In the case of budget neutrality, it is possible to increase holdings of Bitcoin, which means that these strategies cannot increase the net expenditure of the government budget. The possibility of selling gold to increase holdings has now been officially put on the table. After the news came out, gold and Bitcoin fell together.
Here are several possible fiscal neutral strategies:
1. Continuing judicial confiscation
The problem is that half of the confiscated coins now have to be returned to Bitfinex, and only 100000 coins are truly in reserve. In addition, most of these coins were confiscated when Bitcoin was worthless in ancient times, and it will take a long time for them to be confiscated to the same level of coins in the future.
2. Existing asset redistribution
This is currently the most likely source of incremental funding, using the profits generated from gold reserves or Fed deposits to fund the purchase of Bitcoin.
Because the profits from the Fed will be turned into general revenue when handed over to the US Treasury, making it difficult to use. So it seems that selling gold has become the only option. Of course, it is also possible to sell land, buildings, and licenses, but the federal government's assets are limited and can be ignored.
3. Reinvestment tariffs or other existing income
By dedicating some tariff revenue or other non additional fiscal revenue specifically to Bitcoin purchases, if the increase in such revenue is balanced by policy adjustments or cuts in other expenditures, then the purchasing behavior itself can maintain budget neutrality. But the Minister of Commerce made it clear on the same day that the money from tariffs would not be used for the President's national reserve plan, so This is not feasible for the time being
http://4.xn--mxtq1m Idle resource mining
The US government can use existing underutilized computing resources or energy (such as federal data centers) for Bitcoin mining to increase reserves. For example, some countries (such as Bhutan) have accumulated Bitcoin through state supported mining. This can be anticipated, but it is not considered incremental funding and cannot be mined much, as Bitcoin has already been mined 95%.
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