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From what I have read, which may or may not be accurate, the Crypto Reserve he is talking about is the seized assets they already have. I'm not sure how taxpaye
by sleepyguy 2y ago
From what I have read, which may or may not be accurate, the Crypto Reserve he is talking about is the seized assets they already have. I'm not sure how taxpayers will feel about the government adding to the reserve while running a huge deficit, and the economy teetering on a possible slowdown.
- PaulHoule 2y agoThere was this seizure valued at $3.36B https://www.justice.gov/usao-sdny/pr/us-attorney-announces-historic-336-billion-cryptocurrency-seizure-and-conviction?form=MG0AV3&form=MG0AV3 https://www.justice.gov/usao-sdny/pr/us-attorney-announces-h... I dunno how accurate this is but current holdings are said to be about 210,000 BTC here https://treasuries.bitbo.io/usa/ https://treasuries.bitbo.io/usa/ At $90,000 per BTC that's about $20 billion which is an impressive amount for the prez to talk about without having to do anything in particular.
- orionblastar 2y agoIt was taken from the Silk Road.
- PaulHoule 2y agoSilk Road was the biggest but not the only.