Post
Topic
Board Speculation
Re: Thoughts on FBI dumping Silkroad BTC
by
empoweoqwj
on 05/01/2014, 06:53:54 UTC
I think the FBI will keep it, especially if the trial leads to a conviction ("drug money" and other seized assets are kept by the government upon conviction, providing a nice revenue stream that many say leads to overzealous enforcement of drug laws when the local police agency is feeling a little poor).

It could provide the USA with a storehouse of Bitcoin, in much the same way as Fort Knox provides a storehouse of physical gold.  If Bitcoin takes off in the future and becomes more widely accepted, this could prove quite useful to the government as an asset.


From the coindesk article:

"The FBI has told Forbes that they will sell their bitcoin holdings after Ulbricht’s trial."