Excerpt: ″Furthermore, what on earth does the idea of a strategic bitcoin reserve mean? The US has a strategic oil reserve which it can use, in the case of a sudden surge in price or an interruption to supply. But when would US citizens suddenly need access to a lot of Bitcoin? If there were some national crisis, say a cyberattack that cut off the internet, you would need to use notes and coins. Bitcoin, to quote Blackadder, would be as much use as a chocolate teapot. ″
Source: philipcoggan.substack.com
Source: philipcoggan.substack.com