Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
FinePoine0
on 11/05/2023, 23:49:51 UTC
What about the US government selling BTC.

https://twitter.com/WhaleWire/status/1656353977821196288


I have one strange question about this, taking out the actual cojuncture.

If US goverment sell BTC who buy it?, the people? if this yes, so the BTCs returns to the communitty and with that the "power" so.... if the government its really against the BTC its not better for them to confiscate them and never sell? and dont show you like another player in the game?

I know a lot of you can say to me, but its not the federal goverment its the justice selling to pay X creditors in some bankrupcy. And that can be ok, but we cant know.

EDIT: seems like its fake, but still intereseting the question i wrote.

After selling 9.8 bitcoins, the government owns 200K BTC.
Such words are used to scare people.
 If the price goes down, the government will buy it later, so it is harassing people by spreading false news.
The government will buy back bitcoins because everyone wants to buy after selling.