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Home Opinion

Toronto journalist Mark Slapinski explains why the US government needs to buy Bitcoin

Mark Slapinski by Mark Slapinski
March 25, 2022
in Opinion, Technology
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Toronto journalist Mark Slapinski explains why the US government needs to buy Bitcoin
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OPINION / ANALYSIS

It may seem counter-intuitive, but the US government would be wise to invest in Bitcoin, and to do so fast. Russia has been buying up Bitcoin like crazy, with reports that the country may soon accept Bitcoin for oil transactions.

Toronto journalist Mark Slapinski explains in a recent blog post why the US government needs to get into the Bitcoin game:

As countries around the world look for ways to reduce their reliance on the US Dollar, they are turning to alternative currencies. This includes cryptocurrencies such as Bitcoin. If the US government wants to maintain its global dominance, and stop Russia from gaining more ground economically, it only has one choice: buy more Bitcoin.

Read the full article here: https://markslapinskitechnology.com/2022/03/22/the-us-government-needs-to-buy-more-bitcoin-to-defeat-russia/

Join the conservation on Reddit:

The US government needs to buy more Bitcoin to defeat Russia | Mark Slapinski

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks.

Read more on Crypto New Media:

A recent Reddit post by Mark Slapinski was republished by Crypto New Media.
Mark Slapinski

Mark Slapinski

Journalist and Political Commentator based in Toronto.

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Comments 1

  1. Jo says:
    9 months ago

    You should be ashamed of yourself, you need a good talking to, dont run for any campaigns as you will loose. Do you think anyone would vote for someone so put of touch with the people, awa n bile yards heid ( for English viewers it means go and put your head in some boiling water ) Your brain defo needs a re boot!

    Reply

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