its designed for the already seased ones

coinbase have probably already surrendered their keys

They were talking about selling it not too long ago.. so maybe one step in the right direction

#bitcoin #memes #statepile #selfcustody Important reminder to self-custody

That's why BSR is a bad thing.

People: LOL US government is auctioning all its seized bitcoin, what a bunch of morons! Same people: they’re gonna fund SBR with seized bitcoin - gangster government! I believe DOJ is required to auction seized assets so perhaps the “seized” BTC referenced will be purchased by the UST from the DOJ. Any clarification welcome!

While I share your Paranoia / sentiment, I feel like this is likely language signaling the Silk Road coins being potentially used to form the SBR. Given the context that most of their coins come from seizures of bitfinex and silk Road, And they have previously signaled that one of the major ways an EO could establish a stockpile is by redirecting those seized funds, it seems appropriate that they would move to use the ones they already hold (regardless of whether they acquired them through theft) . just my two Satoshis

Disagree. This is likely included so they can lawfully hoard already-seized coins. #6102 #FUD isn't helpful. One cannot seize something they cannot touch, digitically or physically. Additionally, the US would see a flight of wealth they simply cannot afford. This isn't to say they won't try to seize account balances, but if you've been in #bitcoin for more than five minutes you should know #NYKNYC. View quoted note →

Of course , a way to keep all previously seized or any that could be seized in the future. Let’s all hope it stays at that and not turn into gold’s past 😅

Executive Order 6102 - Wikipedia

Expectations were low, but this still didn’t even reach them.

That’s not good

the fact thatpeople took this for granted, based purely on political affiliation, shows how naive the avg bitcoiner is

RomanHodl

so you actually belived a cantillionaire was on our side? how 
cute...

Burn it