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TREASURY SECRETARY SCOTT BESSENT SAYS THE U.S. WILL **NOT** BE BUYING ANY BITCOIN THEY WILL HOLD THE $15-$20 BILLION IN BITCOIN THEY ALREADY HAVE AND CONFISCATE MORE WEIRD, BECAUSE I WAS PROMISED A STRATEGIC BITCOIN RESERVE MAKES SENSE WHY BO HINES RESIGNED NOW, EH? SEND IT BACK TO $58K

Replies (53)

Called it. All of this was super obvious before Trump even got elected.
walker's avatar walker
TREASURY SECRETARY SCOTT BESSENT SAYS THE U.S. WILL **NOT** BE BUYING ANY BITCOIN THEY WILL HOLD THE $15-$20 BILLION IN BITCOIN THEY ALREADY HAVE AND CONFISCATE MORE WEIRD, BECAUSE I WAS PROMISED A STRATEGIC BITCOIN RESERVE MAKES SENSE WHY BO HINES RESIGNED NOW, EH? SEND IT BACK TO $58K
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Weird. It's almost as if people shouldn't put hope in politicians and what they say. Who would have thought?
walker's avatar walker
TREASURY SECRETARY SCOTT BESSENT SAYS THE U.S. WILL **NOT** BE BUYING ANY BITCOIN THEY WILL HOLD THE $15-$20 BILLION IN BITCOIN THEY ALREADY HAVE AND CONFISCATE MORE WEIRD, BECAUSE I WAS PROMISED A STRATEGIC BITCOIN RESERVE MAKES SENSE WHY BO HINES RESIGNED NOW, EH? SEND IT BACK TO $58K
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Calm down everyone. This is not new news... Am I the only none who remembers, from the start, they said they wouldn't be buying new coins? When they were hammering out the SBR they said it would come from existing confiscated coins. They've never deviated from that. "Strategic Bitcoin Rosserve" No? I'm the only one who remembers that meme?
walker's avatar walker
TREASURY SECRETARY SCOTT BESSENT SAYS THE U.S. WILL **NOT** BE BUYING ANY BITCOIN THEY WILL HOLD THE $15-$20 BILLION IN BITCOIN THEY ALREADY HAVE AND CONFISCATE MORE WEIRD, BECAUSE I WAS PROMISED A STRATEGIC BITCOIN RESERVE MAKES SENSE WHY BO HINES RESIGNED NOW, EH? SEND IT BACK TO $58K
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Why bother when they export inflation through treasury backed stable coins? Just stop using the dollar.
walker's avatar walker
TREASURY SECRETARY SCOTT BESSENT SAYS THE U.S. WILL **NOT** BE BUYING ANY BITCOIN THEY WILL HOLD THE $15-$20 BILLION IN BITCOIN THEY ALREADY HAVE AND CONFISCATE MORE WEIRD, BECAUSE I WAS PROMISED A STRATEGIC BITCOIN RESERVE MAKES SENSE WHY BO HINES RESIGNED NOW, EH? SEND IT BACK TO $58K
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"...we're not going to be buying it, but use confiscated assets and continue to build that up..." Still rooting for that Strategic Bitcoin Reserve? Idiots.
walker's avatar walker
TREASURY SECRETARY SCOTT BESSENT SAYS THE U.S. WILL **NOT** BE BUYING ANY BITCOIN THEY WILL HOLD THE $15-$20 BILLION IN BITCOIN THEY ALREADY HAVE AND CONFISCATE MORE WEIRD, BECAUSE I WAS PROMISED A STRATEGIC BITCOIN RESERVE MAKES SENSE WHY BO HINES RESIGNED NOW, EH? SEND IT BACK TO $58K
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As a Bitcoiner I don't understand the Trump hate. Does he lie to get votes like every other politician? Of course. Has he mostly left Bitcoin alone during a critical growth period? Absolutely yes. @walker - Would Bitcoiners be better off had Clinton and Harris been elected instead? I'd say pretty objectively not based on the Biden presidency. Of course, don't trust any politician but there is the way things ought to be and the way things are. In the United States as it currently exists with a two party system, I'll take Trump over any of the other recent options.
walker's avatar walker
TREASURY SECRETARY SCOTT BESSENT SAYS THE U.S. WILL **NOT** BE BUYING ANY BITCOIN THEY WILL HOLD THE $15-$20 BILLION IN BITCOIN THEY ALREADY HAVE AND CONFISCATE MORE WEIRD, BECAUSE I WAS PROMISED A STRATEGIC BITCOIN RESERVE MAKES SENSE WHY BO HINES RESIGNED NOW, EH? SEND IT BACK TO $58K
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