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Joe Burnett suggests that the U.S. should purchase 1,000,000 BTC to ensure the long-term solvency of Social Security programs.
He argues that such an acquisition could help alleviate concerns about Social Security running out of money in the future.
Burnett previously noted that bitcoin is now trading below its all-time high from five years ago, a pattern also observed in 2022 according to his earlier analysis. About eight months ago, he observed that bitcoin hit a record high, but sentiment remained weak as volatility persisted. The latest proposal marks a shift from these market observations to a policy recommendation.