Next scheduled rescrape ... never
21/08/2025, 18:16:06 UTC POST DELETED
Version 1
Scraped on 21/08/2025, 17:51:16 UTC
Just days after The US Treasury secretary Scott Bessent announced that the country which is actually setting up a bitcoin strategic reserve is not looking to buy bitcoin. With the intent of actually keeping the 200k bitcoin which is heavily reported to seized bitcoins in their possession as reserve.
Just after that a blockchain analytics platform Arkham reported that $300k value of coins have been moved to the government account from coinbase and it was reported to be siezed from an Hacker
My question is; is this actually right? I think this assets are supposed to auction or sold off?
Does Not buying bitcoin actually signifies that they don’t believe in bitcoin at all and are only fulfilling campaign promises.
Just after that a blockchain analytics platform Arkham reported that $300k value of coins have been moved to the government account from coinbase and it was reported to be siezed from an Hacker
My question is; is this actually right? I think this assets are supposed to auction or sold off?
Does Not buying bitcoin actually signifies that they don’t believe in bitcoin at all and are only fulfilling campaign promises.
If there asset is in there position and no one can take it from them then yes they could able to do it especially if all legislators would agree on what their President want to happen.
Also they already made that decision and so far US is doing good for holding lots of Bitcoin coming from those seize assets they get from somewhere else.
Quote from: https://cointelegraph.com/news/us-treasury-still-exploring-budget-neutral-bitcoin-buys-secretary-says
We’ve also started to get into the 21st century, a Bitcoin reserve. We’re not going to be buying that, but we are going to use confiscated assets and continue to build that up
Original archived Re: US Strategic Reserve; is it right to actually use seized assets as reserves
Scraped on 21/08/2025, 17:46:37 UTC
Just days after The US Treasury secretary Scott Bessent announced that the country which is actually setting up a bitcoin strategic reserve is not looking to buy bitcoin. With the intent of actually keeping the 200k bitcoin which is heavily reported to seized bitcoins in their possession as reserve.
Just after that a blockchain analytics platform Arkham reported that $300k value of coins have been moved to the government account from coinbase and it was reported to be siezed from an Hacker
Even though this is not bitcoin but is this the new method of which US are trying build their own reserve by holding siezed assets
My question is; is this actually right? I think this assets are supposed to auction or sold off?
Does Not buying bitcoin actually signifies that they don’t believe in bitcoin at all and are only fulfilling campaign promises.
Just after that a blockchain analytics platform Arkham reported that $300k value of coins have been moved to the government account from coinbase and it was reported to be siezed from an Hacker
Even though this is not bitcoin but is this the new method of which US are trying build their own reserve by holding siezed assets
My question is; is this actually right? I think this assets are supposed to auction or sold off?
Does Not buying bitcoin actually signifies that they don’t believe in bitcoin at all and are only fulfilling campaign promises.
If there asset is in there position and no one can take it from them then yes they could able to do it especially if all legislators would agree on what their President want to happen.
Also they already made that decision and so far US is doing good for holding lots of Bitcoin coming from those seize assets they get from somewhere else.
But look at this they are also open on possibilities buying Bitcoin https://cointelegraph.com/news/us-treasury-still-exploring-budget-neutral-bitcoin-buys-secretary-says so for sure that they won't stop doing those things they currently done like relying on seize assets since for sure they are thinking about buying to increase their Bitcoin volume, remember they always want to be on top.