16:08If the US government sells its BTC stash, it won't have a significant impact on the market.
The price of Bitcoin ( BTC ) has been skyrocketing lately, and it seems that nothing
It was reported that in November the US Justice Department has confiscated 69,370
The US government now controls the 6th richest BTC address
Meanwhile, California's Northern District Attorney's Office recently filed a civil
Indeed, auctioning bitcoins could be tempting for a new administration, for which the money faucet is poised to expand as the
The question of "US national security"
If the United States government takes the same path this time around, it is difficult to
But he said he was worried about the big picture:
In a recent post on GitHub, Rochard further noted:
“The prompt auction of the seized bitcoin [in 2014 and 2015 ] was, in my opinion, a mistake. The Federal Reserve System can create an infinite amount of US dollars at auction. Bitcoins cannot be created from scratch, and their number is limited. "
As a result, Rochard explains that he is "lobbying for a law prohibiting the
One of the bills he supports is the HODL Bitcoin Act ,
The Department of Justice did not respond to our request for comment.
Meanwhile, Rashid Ajaja, CEO and founder of AllianceBlock ,
“Bitcoin is currently experiencing a supply shock and miners are struggling to keep up with demand. For this reason, it is unlikely that any whales will give
Ditto by the way. Newly elected President of the United States of America Joe Biden is working with his administration to prepare a $ 3 trillion fiscal stimulus
JPMorgan Chase says Bitcoin is taking market share from gold, a traditional
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