jayplayco
@jayplayco
President Trump has signed an executive order to incorporate Bitcoin as a strategic asset. A brief summary of the key points 1. Utilize previously seized Bitcoin (estimated at around 200K BTC). 2. Do not purchase additional Bitcoin using new taxes. 3. Bitcoin incorporated as a strategic asset will be held and not sold. 4. Devise a plan to increase Bitcoin holdings without using additional tax funds (e.g., through lawsuits, further seizures, or interest?). The strategy involves using already seized Bitcoin and explicitly avoids buying more with additional taxes, Bitcoin’s price dropped by about 5% within the last hour. On the other hand, since the roughly 200K BTC won’t be dumped on the market like Germany did, but instead locked up as a strategic asset, concerns about a market flood are alleviated. Whether if this means further seizures or leveraging Bitcoin in forms like WBTC or BTC-Fi—remains to be seen and will require close observation. https://x.com/davidsacks47/status/1897802280738734236
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Juu 👏🥜
@juuu
Let's go trump !!!! 20 👏
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👏
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