This level of cope is unbecoming. 1. The government has historically sold btc, so "no" this is not "we will do nothing different." 2. The global financial leader saying this is kind of a big deal: -"Bitcoin is the original cryptocurrency. The Bitcoin protocol permanently caps the total supply of bitcoin (BTC) at 21 million coins, and has never been hacked. As a result of its scarcity and security, Bitcoin is often referred to as “digital gold”. Because there is a fixed supply of BTC, there is a strategic advantage to being among the first nations to create a strategic bitcoin reserve. The United States Government currently holds a significant amount of BTC, but has not implemented a policy to maximize BTC’s strategic position as a unique store of value in the global financial system. Just as it is in our country’s interest to thoughtfully manage national ownership and control of any other resource, our Nation must harness, not limit, the power of digital assets for our prosperity."\ -"The Secretary of the Treasury and the Secretary of Commerce shall develop strategies for acquiring additional Government BTC provided that such strategies are budget neutral and do not impose incremental costs on United States taxpayers." 3. This impacts other countries, companies, institutional investors, etc. 4. I'd think after all these years that the trend would be obvious but apparently not. "It's only used by criminals...." to "it's only one public company buying..." to "it's only a few companies buying..." to "it's only El Salvador buying...." to "it's only a few countries...." to "it's only the US saying that they won't sell...." Lol. This was inevitable. If it wasn't this administration or this country, it'd just be someone else. This is just one more domino to fall in a long list of things that have happened historically and will continue to happen in the future. I could either whine about people, companies, and countries I don't like buying btc, or I could just own the asset that they're all going to buy.
The scoreboard is quite hilarious. Maybe you guys will figure it out one day! For your own sake, I hope you set some price targets where you admit you’re wrong. Or you’ll just indirectly own it through SP500 companies owning it. So at least there’s that.
What’s a budget neutral strategy for acquiring an asset that doesn’t impose incremental costs and doesn’t violate the order’s bar on selling bitcoin?
I do appreciate that most Bitcoin guys gave up any use case spin and just go line go up! Greater fool theory
Acting like there is literally nothing to do to comply with the EO is a bit different than not liking the options that comply with the EO, of which there are plenty. And ultimately none of it matter much. States will pass their own btc reserve laws, other counties will buy, companies will continue to buy, etc. Whether the federal government adds to what it has is a blip on the global adoption radar.
I didn’t say there were no ways to comply - although many of the proposals do indeed propose incremental costs or aren’t truly budget neutral - but you could fairly read my tone as saying there are no non-dumb ideas (other than moving assets held in Hawk Tuah coin or Trump coin into BTC, which - fine, whatever) I’m glad you agree it doesn’t matter much, notwithstanding the multiple tweets from daddy trump you shared proclaiming it to be a big deal
Lol at you being the tweet sharing police and the "daddy trump" line. I voted for Harris and have voted straight line democrat my entire life. But don't let that get in the way of whatever you're doing in here. To recap, the US government won't sell btc and will look for ways to acquire more btc. That makes you mad because Trump did it and everything he does makes you mad, which - fine, whatever. Good talk.
Use proceeds from sales of unused government assets, particularly defunct and empty buildings Fire lots of people to buy bitcoin is groooooss
Dude should just go back to trying to scam posters into buying the coin he had a vested interest in. Still hilarious that it went so bad he changed his username and basically tried to pretend it never happened.
User name changed because a mod tried to dox me. But whatever story you want to tell yourself is cool too.
It was so long ago but I thought he changed it cause of the coin he was pushing. Then again I’m old these days and my memory is probably shit.
Yeah the story changed or It was related to that tinder thread iirc. IDK if it was a mod involved and doxxing is bad tbf
He thought pay fair was going to make him a billionaire and then was like oh shit it’s just a shit coin
you are going to be fine Spoiler but its weird the maga fascists havent been more aggressive in ending regulatory oversight/enforcement up to this point
Oh noooooooooooooooo. It's up tens, hundreds, or thousands of percent over any meaningful time period. How will it recover from this 90 day low?!? Might as well set a trading algorithm to the drive by posts like this. Btc drops 20+%, random people come itt to dance on non-existent graves. Btc proceeds to go up 100+%...crickets.
Also, if yall want to see how deranged these crypto types (the pawns, not the ones at the top doing the scamming) are = Channel4 in the UK has a good series on it. Im sure a USA outlet has or will pick it up. https://www.theguardian.com/tv-and-...umentary-so-thin-it-features-the-creators-mum