Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
OgNasty
on 01/08/2024, 03:52:14 UTC
⭐ Merited by tiCeR (1)
In the case of the USA, I don't really understand it.

It’s the same as Germany. They have rules and processes setup to deal with confiscated assets. They can’t just decide to keep something if it may go up in value. I imagine it would easier to auction the BTC no matter what and try to pass a bill to begin buying BTC then it would be to just move the confiscated BTC into a reserve fund. Especially when you consider that a lot of that BTC was stolen from actual victims who probably want to fight to get it back (see: Razzlekhan).