Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Gingermod
on 16/06/2014, 02:11:48 UTC
I would think that anyone who knows a little about how the U. S. Government works would have guessed quite accurately when and how the auction would take place.   They must dispose of any property that they seize according to the law.  They had neither  the choice nor the motivation to keep the coins, trade with them, or sell them in a private deal.

Couldn't they just "destroy" them, as they do for illegal stuff like drugs ? (send them to a random address and not store the private key)

The fact that they sell them instead of destroying them has a strong meaning.


^the guvnment destroying drugs? *thats news to me! LOL =)

When I thought about this it seems stupid to destroy a large drug shipment. THey should really sell it back to the cartels for a discount over production costs. This way intercepting drugs would be profitable.

Yes they sell it back to the cartels so they can have more money to battle them.