Venture capitalist Chamath Palihapitiya suggests that the US government can establish a federal sovereign wealth fund by leveraging its Bitcoin holdings. Palihapitiya proposes utilizing the government's Bitcoin trove and assets like TikTok, land/drilling deals, and real estate sales to generate funds without borrowing. According to Bitcoin Treasuries, the US government's Bitcoin holdings amount to 198,109 BTC worth $19.408 billion. Palihapitiya recommends investing the funds in a diversified portfolio including index funds, bonds, private equities, hedge funds, and venture capital, with a focus on gradually reducing the proportion allocated to venture capital as the fund grows. The establishment of a sovereign wealth fund aims to provide long-term financial stability, economic growth, and protection against economic shocks.



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