Crypto Crypto CZAR DAVID SACKS criticized the sale of the United States government to Bitcoin confiscated over the years, indicating this as a strategic mistake that costs taxpayers billions.
On a social media site on March 6, SACKS said that the United States government has produced $ 366 million of Bitcoin sales (BTC) over the past decade.
“If the government has detained Bitcoin, it will be worth more than $ 17 billion today,” Sachs said. “This is the amount of American taxpayers costs who do not have a long -term strategy.”
source: David Sachs
Bitcoin treatment as a short -term trade is highlighted by Joe Burnett, head of market research at Unchained.
“Holders of long -term bearers make up the market,” Bournett told CointeleGraph in a written statement. Bitcoin is not related to the time of the market. Time on the market. In short, the Bitcoin price will swing, but its true value is designed for generations. “
In January, the Ministry of Justice received the green light to sell the 198,000 BTC on the Silk Road, the Darknet Market that was closed in 2013. The decision was widely clarified by the encryption community because it is short -sighted and does not carefully weighs the effect of wealth in the long run.
However, the United States government continues to hold bitcoin sources. The inventory status has been discussed since Donald Trump had received the US presidency in November.
Trump pledged to make America a leader in the world in encryption and block technology, which includes the adoption of strategic encryption reserves with a special position for Bitcoin.
Related to: President Trump says the encryption reserves to include BTC, ETH, Sol, XRP and Ada
The timing of bags is not a coincidence
Sacks gave his message on the eve of the first encryption summit at the White House, where more than 20 industrial leaders were invited to discuss the priorities of the developed cryptocurrency in America.
Among the attendees are the CEO of Ripple Brad Garlinghouse, the founder of the strategy Michael Sailor, the founders of Gemini Cameron and Tyler Winklevoss.
according to BagsThe White House chose to keep the attendance list small to facilitate a “meaningful conversation” about the policies and strategies of digital assets.
source: Paulo Erdino
There is increasing speculation that the White House will reveal plans for the Bitcoin Strategic Reserve during the March 7 Summit. uncertain Reports It also indicates that the president is considering lowering or canceling capital profit taxes on Bitcoin and Crypto Holdings.
However, so far, the clearer indicator grant Through the bags, it is that industry representatives will meet with President Trump’s working group on digital assets.
magazine: Legal issues are surrounded by the creation of fake encrypted symbols
Related Articles
