TD₿: Will a US Bitcoin Reserve Save or Destroy the Dollar? - (a Swan original video) with Hurley
TL;DR: The U.S. is at a crossroads with talks of a Strategic Bitcoin Reserve increasing. With the UAE rumored to have 300,000 Bitcoin, Trump’s administration faces pressure to secure 1M BTC soon!
Hey Bitcoiners,
In today’s video, Hurley discusses the nation-state Bitcoin arms race is intensifying, with rumors that the UAE has accumulated over 300,000 Bitcoins, potentially surpassing the U.S.'s 200,000 BTC holdings. Discussions around a U.S. Strategic Bitcoin Reserve (SBR), proposed by President-elect Donald Trump and supported by Senator Cynthia Lummis, suggest the government could acquire up to 1 million Bitcoin over five years.
Bitwise CIO Matt Hogan predicts a U.S. SBR could push Bitcoin prices to $500,000 by 2025, sparking global adoption. Critics like Nick Carter warn of political and economic risks. Still, advocates like Michael Saylor highlight Bitcoin's strategic value, comparing its acquisition to historic U.S. investments like the Louisiana Purchase.
Bitcoin's growing role in global finance and the high stakes of acting—or failing to act—now will make or break nation states.
Enjoy!
Tick tock next block,
The Swan Education Team
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Quote of the Day
“There are only going to be 21 million coins, there are billions of people in the world, some reasonable percentage of who might find it interesting to own a piece of Bitcoin.”
- Adam Back
Job of the Day
Secretary General – Bitcoin Policy Institute Norway (BPI)
Position Type: 80% permanent position
Location: Oslo area, Norway
Application Deadline: January 5, 2025
About Us
Bitcoin Policy Institute Norway (BPI) is an independent, member-driven, politically and religiously neutral organization dedicated to promoting knowledge about Bitcoin and advocating favorable conditions for its adoption in Norway.
BPI is democratically governed and owned by its members. Our mission is to serve as a clear and credible voice for Bitcoin users and foster dialogue with government authorities, the media, and the public.
About the Role
We seek a flexible and committed Secretary-General to position BPI as a leading and trustworthy advocate for Bitcoin knowledge in Norway. This role includes strategic and operational tasks such as building relationships with policymakers and the media, writing op-eds and policy papers, and creating value for our members through events and conferences.
BPI will officially launch at its inaugural meeting on January 18, 2025. Although funding for the first operational year is secured, ensuring long-term financial sustainability will be a critical responsibility of this role.
As this is a newly created position, the scope of responsibilities will be developed collaboratively between the Secretary-General and the BPI Board.
Key Responsibilities
Proactively engage with politicians, government officials, and the media to promote BPI’s agenda.
Organize meetings, seminars, and events for BPI members, policymakers, and opinion leaders.
Write op-eds and policy documents and deliver speeches to enhance Bitcoin knowledge in the public sphere.
Develop and implement strategies to secure BPI’s financial sustainability beyond the first operational year.
We Are Looking for Someone Who
Has proven experience in political advocacy and change campaigns.
Possesses a strong understanding of Bitcoin.
Is fluent in Norwegian and English, both written and spoken.
Has experience organizing seminars, conferences, or similar events.
Is comfortable appearing in the media and publicly representing BPI with their name and image.
Lives in or near the Oslo area.
We Offer
A flexible role with the opportunity to shape your workday and influence BPI’s future.
How to Apply
Send your application and CV to jobb@bpinorge.no by January 5, 2025.
Additionally, include a link to a video of yourself simulating an interview on NRK News. In this video, provide answers of up to 50 seconds each (in Norwegian) to the following questions:
Why does Norway need Bitcoin?
Why shouldn’t we ban Bitcoin mining?
Why is Bitcoin’s price so high?
We look forward to hearing from you!
Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
In the Headlines
Ohio Representative Proposes Bitcoin Reserve Act to Protect Public Funds
Ohio State Representative Derek Merrin has introduced House Bill 703, the Ohio Bitcoin Reserve Act, which would authorize the state treasury to invest public funds in Bitcoin.
The bill aims to protect tax dollars from devaluation, citing Bitcoin as a tool to strengthen state finances and hedge against inflation. While it does not mandate specific Bitcoin allocations, it establishes a dedicated fund. It grants the State Treasurer discretionary authority to invest.
Merrin anticipates national Bitcoin reserve efforts under the incoming Trump administration and views this legislation as a framework for future discussions in 2025. Ohio joins other states like Pennsylvania and Texas in proposing Bitcoin-related initiatives, reflecting a growing trend among U.S. lawmakers to embrace Bitcoin as a strategic asset.
Swan Shortie of the Day
Event of the Day
Bitcoin 2025
Dates: May 27-29, 2025
Location: The Venetian Resort, Las Vegas, Nevada
Theme: "Shaping Bitcoin's Future: Innovation, Adoption, and Sovereignty"
Bitcoin 2025 is the ultimate gathering for Bitcoin enthusiasts, investors, developers, and institutions. It celebrates Bitcoin's innovation and impact as the world's leading digital asset. Focusing on the future of Bitcoin adoption, technology, and regulation, this event is a must-attend for anyone in the Bitcoin community.
The 2025 event will feature leading figures and thought leaders in the Bitcoin space, including:
Michael Saylor – Executive Chairman, MicroStrategy
Jack Dorsey – Founder, Block (formerly Square)
Cynthia Lummis – U.S. Senator and Bitcoin advocate
Elizabeth Stark – CEO, Lightning Labs
Saifedean Ammous – Author, The Bitcoin Standard
Explore cutting-edge topics like:
Institutional Bitcoin adoption and its implications.
Advances in Lightning Network and Layer 2 technologies.
Bitcoin's role in global financial sovereignty.
Regulatory challenges and opportunities for 2025 and beyond.
About the Venue
The Venetian Resort in Las Vegas, located on the iconic Las Vegas Strip, offers luxurious accommodations, world-class dining, and a vibrant atmosphere. It's the perfect backdrop for this monumental Bitcoin event.
Exhibitor Hall
Discover innovations from over 300 exhibitors, showcasing products and services in the Bitcoin ecosystem, from wallets and mining equipment to Bitcoin-focused startups.
Developer Hackathon and Technical Workshops
Participate in a multi-day hackathon, collaborate on exciting Bitcoin projects, and join workshops covering Bitcoin Core, Taproot, and Lightning integrations.
Networking and Social Events
Build connections with thousands of Bitcoin enthusiasts, industry professionals, and thought leaders during dedicated networking sessions and evening events in the vibrant Las Vegas Strip.
Registration and Tickets
Tickets are available now on the official Bitcoin 2025 website. Early-bird discounts end on January 31, 2025.
General Admission: $389
Industry Pass: $1,200
Whale VIP Pass: $7,499 (includes priority seating, VIP lounge access, and a meet-and-greet with speakers)
After Party: $199
Bitcoin Week Pass (After Party Bundle): $799
Join Us in Las Vegas
Mark your calendars for May 27-29, 2025, and join Bitcoin enthusiasts from around the globe at Bitcoin 2025. Be part of the movement shaping the next decade of Bitcoin innovation and adoption.
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.
Meme of the Day
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