IPFS News Link • Bitcoin
"Just Dumb!!" - 2 Days After Trump Crypto-Crowning, Biden Admin Moves Billions...
• https://www.zerohedge.com, by Tyler DurdenIt 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)
BREAKING:
— Arkham (@ArkhamIntel) July 29, 2024
The US. Government just moved $2B of Bitcoin to a new address:
bc1qsl993y04xnq4fyhmrt6cnmctgjjv9ukdvrk0cd pic.twitter.com/JQvjKIuRNn
Omg ????
— Alpha Whale Crypto (@AlphaWhale_) July 29, 2024
US ???????? Government moves 30k BTC $2B worth of #Bitcoin ! pic.twitter.com/eNewo2jsgi