Back to the original thread topic, the NATIONAL Bitcoin Strategy.
Today Bessent made some comment about the proposed Bitcoin Strategic Reserve:
US Treasury Secretary Bessent says government won't buy bitcoin for strategic reserve but will retain seized assets as crypto markets see red- Treasury Secretary Scott Bessent said in a television interview that the U.S. would not be buying bitcoin for its strategic reserve.
- However, he reiterated that the government would continue to use confiscated assets to build it up and would not sell bitcoin currently in the reserve, valuing it at $15 to $20 billion
He poured a bucket of ice cold water on the BSR expectation, that hunter at a proper buying campaign to finance the Bitcoin holding.
I guess Seator Lummis will comment on this in the next hours.
Scott bensen must have forgotten senator Cynthia lummis claims about President Donald Trump supports for the US to buy $1million for the strategic Bitcoin reserve when he said the US wouldn't be buying any bitcoin for the SBR . I wonder who's actually speaking for the president or whose words are we going to believe since both parties are anointed officials of the president. I think it will be better if the president himself will come out to eliminate the confusion on ground.