Chamath Palihapitiya’s Crypto Strategy: Using Bitcoin to Kickstart a U.S. Sovereign Wealth Fund

The post Chamath Palihapitiya’s Crypto Strategy: Using Bitcoin to Kickstart a U.S. Sovereign Wealth Fund appeared first on Coinpedia Fintech News Recently, President ordered the creation of a US sovereign wealth fund within a year. The Treasury and Commerce Departments must present a plan in 90 days, detailing how to fund and manage it. Since the US runs on a deficit, Congress would need to approve the fund before it becomes a reality.  But here’s one …