Donald Trump

Bitcoin

Silk Road

President Donald Trump

Peter Schiff, a well-known Bitcoin skeptic, has suggested that the U.S. government may soon sell all of its Bitcoin holdings.&nbsp; 
This speculation comes in response to a recent transfer of $2 billion worth of Bitcoin, previously seized from the Silk Road marketplace, into two new government-controlled wallets. 
This transfer occurred two days after former President Donald Trump made headlines at the Bitcoin Conference 2024 with his proposal to use Bitcoin as a strategic reserve if he were to return to office. Trump’s announcement was seen as a major shift in U.S. policy towards cryptocurrencies, hinting at a significant role for Bitcoin in the country’s financial strategy. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 If <a href="https://twitter.com/hashtag/Trump?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Trump</a> really intended to use seized <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Bitcoin</a> to start a U.S. "strategic" reserve, he'd have kept his intention a secret until he was actually in office. Now that the <a href="https://twitter.com/hashtag/Biden?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Biden</a> administration is wise to his plan, they'll make sure to sell every Satoshi before Trump takes office.— Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1818032988665606162?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 29, 2024</a>
 </blockquote> 
 </div>
</figure> 
Schiff views the government’s move as a strategic response to Trump’s proposal. He believes the Biden administration may aim to liquidate the Bitcoin holdings before a possible Trump presidency could implement his reserve plan. Schiff argues that Trump would have kept his Bitcoin reserve plans secret to avoid provoking the current administration. 
 However, Bloomberg analyst <a href="https://www.cryptotimes.io/2024/07/30/coinbase-deal-may-be-behind-us-govts-2b-btc-transfer/" target="_blank" rel="noreferrer noopener">James Seyffart has suggested</a> that the Bitcoin transfer might be related to a deal between the U.S. Marshals Service and Coinbase. This adds another layer to the ongoing discussion about the relationship between government actions and cryptocurrency.

“U.S. Govt May Sell All Its Bitcoin Holdings” — Peter Schiff

The Crypto Times

2024년 7월 30일에 게재된 다른 기사

Gartner (IT) Q2 2024 Double Beat: $3.22 EPS, $1.6 Billion in Revenue

KuCoin Unveils GemSlot: Play, Earn, and Discover Crypto’s Hidden Gems

exSat Launches Testnet Alongside Leading Validators at Bitcoin 2024

Why is Bitcoin Price Down Today? Another Crypto Crash Looming?

Compound reaches truce with crypto whale Humpy after controversial vote to move $24 million in to...

Kamala Harris’ $50M Ad Campaign Fires Back At Trump’s Ad

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!