The first government to invest everything in Bitcoin.

Speculation

At this time of economic paralysis due to COVID-19, the writing is on the wall.

We see the impending collapse of the current economy racing straight at us, worldwide, though no-one “Official” is openly admitting it.

Free money, with no apparent collateral, issued just by printing it, is being helicoptered to all.

When that free money begins to be spent, the goods for which it is being offered will race up in price.

Because everyone knows it is just printed, backed by nothing except someone’s word, right?

How much would we trust their word?

Assuming all governments have the interests of their people at heart, the responsible ones should now be doing whatever they can to preserve the value of their economy, before it is too late.

Things would be different if a gold standard was still in place, but it is way too late to consider that. The time needed in logistics of acquiring sufficient gold to do that, would be in the order of many months, if not years.

Events with COVID-19 are ramping up daily, with no end in sight.

An alternative to a gold standard would be a Bitcoin standard.

But since Bitcoin is more portable than the actual cash needed to purchase it, a Bitcoin standard would quickly become just Bitcoin itself.