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IPFS News Link • Bitcoin

"Just Dumb!!" - 2 Days After Trump Crypto-Crowning, Biden Admin Moves Billions...

• https://www.zerohedge.com, by Tyler Durden

It appears the Biden administration does not want former President Trump's plan to enable a strategic bitcoin reserve to come to fruition (or at the very least, shrink the size of the reserve dramatically).

Less than 48 hours after Trump spoke at a major Bitcoin conference in Nashville about his ambitious goals for bitcoin in America, the Biden administration has decided that this is an opportune moment to transfer around $2 billion worth of its bitcoin stockpile (e.g. Silk Road confiscations)