Please help to support this channel's work:https://www.youtube.com/@Bitcoin_University/joinIn this video, I discuss why setting up a Strategic Bitcoin Reserve at the US federal level is a bad idea. The US federal government is a bloated, inefficient, and mostly evil entity that deserves to be defunded, rather than funded.In addition, it's more in keeping with the Bitcoin ethos and the ethos of the founding fathers to focus instead on setting up Bitcoin reserves at the state and local levels.If you expect the USA to break apart into a thousand different regional powers and tribes in the coming decades, a national Bitcoin reserve makes little sense, and could even become an unnecessary point of contention.Not investment advice! Consult a financial advisor.Bitcoin as a Strategic Reserve:https://www.coindesk.com/policy/2024/08/02/bitcoin-as-a-strategic-reserve/Fort Nakamoto: Time For U.S. To Buy Bitcoin:https://www.youtube.com/watch?v=PptwqLcnL98&ab_channel=BitcoinUniversityFt Knox gold:https://www.usmint.gov/about/mint-tours-facilities/fort-knoxSenator Lummis Unveils Strategic Bitcoin Reserve Legislation: The BITCOIN Act:https://www.nobsbitcoin.com/the-bitcoin-act-introduced/US Treasury programs:https://home.treasury.gov/about/offices/diversity-equity-inclusion-and-accessibilityhttps://ofac.treasury.gov/Emerald Triangle:https://en.wikipedia.org/wiki/Emerald_Triangle$2.9 Billion in Cannabis Excise Tax Revenue in 2023:https://www.cannabisbusinesstimes.com/news/cannabis-state-excise-tax-rates-revenue-billion-2023/America’s Governors Stand With Texas To Secure The Border:https://gov.texas.gov/news/post/americas-governors-stand-with-texas-to-secure-the-border I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #USA Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=aq_CICet3w4