We’re never getting the files….. image
To clear up confusion here. This EO established 2 different things: a Strategic Bitcoin Reserve, and a U.S. Digital Asset Stockpile. The Strategic Bitcoin Reserve will contain our ~198,109 bitcoin obtained through forfeiture proceedings, conduct a formal audit, and not sell any of it. The U.S. Digital Asset Stockpile will contain all other non-BTC assets obtained through forfeiture proceedings. This is not news—it has been heavily speculated by people like @matthew_pines at the @btcpolicyorg that this was the path of least resistance to create a Strategic Bitcoin Reserve: reclassifying what we already own under a formal ownership structure. But here's the key. The Secretaries of Treasury and Commerce will develop budget-neutral strategies for acquiring more bitcoin for the Strategic Bitcoin Reserve. The U.S. will not develop strategies to acquire more non-bitcoin assets for the Digital Asset stockpile. This is phenomenal. An acquisition strategy for bitcoin, not "crypto", will be developed by the US government. This opens the door for the Treasury & Commerce Departments to use Pines' suggestion: use our ~$40bn surplus sitting in the Exchange Stabilization Fund to acquire more bitcoin. This will likely be one of many funding mechanisms explored and established for the SBR by the government in the coming weeks and months. What a time to be alive.
Right now there is $40 Billion in the ESF that can be used to buy Bitcoin in a “budget neutral” manner under this Executive Order. Let that sink in…
JUST IN: 🇺🇸 President Trump says "globalists are behind stock market sell off."
BREAKING: UK JUDGE ORDERS FAKE SATOSHI CRAIG WRIGHT TO PAY $160,000 TO DEVELOPERS HE SUED HIS APPEAL WAS FOUND "WITHOUT MERIT" 🔥
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New Telegram vulnerability, EvilLoader, discovered. Here's what you need to know This allows attackers to spoof malicious APKs as videos. It's still unpatched & works on Telegram for Android 11.7.4. There's even evidence that it's been sold on underground forums for people to use at-will, and can be used to then install spyware, ransomware, & other malware. What can you do? 1. Update Telegram ASAP, as they'll hopefully patch it. 2. Disable Auto-Download 3. Don't open/execute untrusted files 4. Only communicate with trusted contacts. 5. Use Signal or another trusted E2EE provider. image
JUST IN: 🇺🇸 Texas Strategic Bitcoin Reserve legislation SB 21 PASSES the Senate.
JUST IN: Sam Bankman-Fried says he shares a prison unit with Diddy. "He's been kind to me."
An actual video that Democrat Reps made. This is real…
This chart is wild. I dare say, it is also likely to be very, very important. image