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In this episode, George Selgin, senior fellow at the Cato Institute, discusses the recent proposals by Donald Trump, Robert F. Kennedy Jr., and Senator Cynthia Lummis for the U.S. government to establish a strategic bitcoin reserve. George provides his insights into the differences between these proposals, their potential implications, and why he believes the government should not be investing in bitcoin or other assets.\nShow highlights:\n\n00:00 Intro\n\n01:16 How the Bitcoin proposals by Trump, RFK Jr., and Lummis differ\n\n04:08 Why George believes that Trump\u2019s proposal to not sell the government\u2019s bitcoin is just symbolic\xa0\n\n07:36 What the purpose of acquiring BTC is in the Lummis and RFK proposals\n\n11:29 Whether the government should even be investing in bitcoin or other assets\n\n18:53 How would the government buy BTC as per the Lummis bill\n\n25:08 How likely is it that the bill passes through Congress\n\n27:40 Crypto News Recap\n\nVisit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com\nThank you to our sponsors!\n\niTrustCapital\n\nPolkadot\n\nGuest\n\nGeorge Selgin, Senior Fellow and Director Emeritus of the Cato Institute's Center for Monetary and Financial Alternatives\nLinks\n\nTrump\u2019s proposal:\n\nUnchained:\xa0\n\nAt Bitcoin Conference, Trump Promises to Fire SEC Chair Gary Gensler If He Wins\n\nTrump Has Made Promises to Crypto Voters. If He\u2019s Elected, What Could He Actually Do?\n\nLummis proposal:\xa0\n\nUnchained: A Bitcoin Strategic Reserve for the U.S.? Senator Cynthia Lummis Reveals Her Bill\xa0\n\n\nDecrypt: There\u2019s a Problem With Senator Lummis\u2019 Bitcoin Reserve Plan, Cato Institute Expert Says\xa0\n\n\nLummis Introduces Strategic Bitcoin Reserve Legislation\n\nRFK. Jr proposal:\xa0\n\nRFK Jr. Proposes 550 Daily Bitcoin Purchase Plan for U.S. Economy | Kennedy24\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices