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The Breakdown With NLW Episode

Should the US Federal Reserve Buy Bitcoin?

A reading of Alex Treece’s recent “Why the US Needs Bitcoin.”
The Breakdown With NLW Episode
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A reading of Alex Treece’s “Why the US Needs Bitcoin.”

This episode is sponsored by Nexo.io.

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On this week’s “Long Reads Sunday,” NLW reads Alex Treece’s recent essay “Why the US Needs Bitcoin.” The piece argues the U.S. will inevitably adopt bitcoin as a treasury reserve asset, but by doing so sooner rather than later it can enjoy geopolitical advantages.

NLW follows with a discussion of his assessment of the prospects of a digital dollar backed by digital gold.

See also: Bitcoin Is Now a Trillion-Dollar Asset: Where Do We Go From Here?

Image credit: marchmeena29/iStock/Getty Images Plus

Should the US Federal Reserve Buy Bitcoin?