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 (66)
Weird. It's almost as if people shouldn't put hope in politicians and what they say. Who would have thought?
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
View quoted note →
Fuck yeah! Bunch of retards! We need ppl to have it so we can separate money and state. States print, we cant print! So fuck them and their fake money!
I agree. Governments shodnt have bitcoin, should sell, and let the people use it and own it.
Govs should be poor
Confiscate more… you mean „steal more“
Microstrategy and others: are you ready?
Coinbase will hand you out on silver plate if pressed
View quoted note →Why buy more bitcoin when you can just pump & dump $TRUMP and $MELANIA, and confiscate (steal) other people's bitcoins?
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
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
View quoted note →
Ghey
One day or another, somehow..
Ahahaha
Oh yeah totally, they are not gonna re-evaluate gold and don’t care anymore about owning any bitcoin. Come on we all know how they operate
And have fun!🤣
Is there a surprise here or something?
Would love to hear how we went from this:
"The United States will not sell bitcoin deposited into this Strategic Bitcoin Reserve, which will be maintained as a store of reserve assets.
The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies impose no incremental costs on American taxpayers."
to this:
TREASURY SECRETARY SCOTT BESSENT SAYS THE U.S. WILL **NOT** BE BUYING ANY BITCOIN
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 ALREA...
wait wait, trump lied about something for votes and then didn't follow through?
get. the. fuck. out.
Why does my gut say they tell us they are ‘not buying’ while secretly doing the opposite.
View quoted note →So, When has the government lied….
This is good news
TDS on nostr too? Like him or not Trump signed the executive action to create a bitcoin strategic reserve, and now we have one. He never promised to buy bitcoin.
Time for that meme with the laughing Spanish guy!
Bessent is eyeing Michael Saylor’s stack for his Startegic #Bitcoin Reserve
View quoted note →Why bother when they export inflation through treasury backed stable coins?
Just stop using the dollar.
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
View quoted note →
Oh the government is willing to steal something rather than pay for it? I'm shocked to the core 😐
View quoted note →The next question should be: why not buy bitcoin?
And we get a big pharma boom..
Wonder what the 3rd piece of bad news is?
In other words, get ready for a 6102 scenario sometime soon.
View quoted note →Slay your heroes.
View quoted note →Power to the people.
Ha! The pro bitcoin president said no more buying. Ha!
"...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
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
View quoted note →
His entire campaign can be summed up right here.
What's the point of a reserve one doesn't fill? I'm going to create an oil reserve for national security. Here's a bunch or empty containers and a few full ones we already had. Promises kept. Lol
The derangement at this point lies with the people who still buy his bullshit.
This is worse for them.
Wow politicians played politics ? shocked !
View quoted note →Even Trump said they were gonna do this method with the reserve multiple times. Matter of fact I’m pretty sure he said this at the conference too. Maybe with Bessent saying it this will lock it in that this is what they’re doing.
View quoted note →Seems inevitable at this point. Either that or Strategy essentially become the new Fed.
Nailed it.
Would recommend this discussion.
Not bad commentary for the present environment.
View quoted note →send it back to 118k you mean
The treasury isn’t even real.
Why would they, they have their back up aka Tether which will be backed by BITCOIN entirely one day.
View quoted note →I've wondered about this also. The fastest way for the the gubmint to get 1 mil BTC is to buy/confiscate someone else's. Strategy is creeping up on that 1 mil coins that they want.
Good. Fuck the government
Confiscated is a euphemism for stolen
Igotchu
There are around 200,000 Bitcoin in the reserve. Are you alright? Might be time to log off and get some fresh air.
“amoral” would mean neutral or nonmoral.
they are evil
When they realized they can’t just print more.
Wall Street calling the shots now
I think I made my point pretty clear for anyone who has a couple brain cells to rub together.
But I'll break it down further. Let's say a kid has ten crayons. He wants more crayons, so he takes an empty jar and labels it "Crayon Fund." He adds nothing else to the crayon fund but tells everyone he created a crayon fund. He still has ten crayons. What the fuck did he actually do?
That's all Trump has done with the Bitcoin reserve. He took what we already had and called it a reserve. Great, but that doesn't mean he acquired anything. It sounds good. But it doesn't actually change anything until something more is added to the fund. It's a fun little way of jerking yourself off and not much else until that point. It's a very easy way of making idiots think you did something great without actually having to do anything of substance.
Will something of substance eventually happen? Maybe. But I haven't seen anything real yet. Just talk. I'm happy to be proven wrong. I'm imperfect.
🥱
That's what I thought.
And that's exactly what I think of the reserve. Big fucking deal.
6102
Bessent is a rube
Send it so I can stack sats cheaper
Budget neutral pharmaceutical boom im my crystal ball
That's weird because they've been so honest and transparent about everything else..............
Very much a possibility
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
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
View quoted note →
