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The "Invisible" Army: Why the UK is Scrambling to Reconnect with 95,000 Veterans
The concept of a "Strategic Reserve" sounds formidable on paper—a backbone of 95,000 experienced former service members ready to step up in a national crisis. However, a sobering reality check from former Nato head George Robertson suggests that this backbone may be fractured by a surprisingly simple problem: the Ministry of Defence has lost their contact details.
As global tensions rise, the UK government is facing a massive administrative and logistical hurdle. For decades following the Cold War, the practice of maintaining rigorous records for veterans who have been out of service for more than six years largely fell away. Now, with the Strategic Defence Review (SDR) sounding the alarm, the race is on to "round up" those who are fit, willing, and legally liable for recall.
Why This Matters Now
The landscape of national security is shifting rapidly. The government has recently moved to increase the maximum recall age from 55 to 65 and broadened the legal threshold for mobilization to include "warlike operations."
While the MoD insists they are "improving data" and "mobilizing talent," critics and think tanks like RUSI argue that the pace is too slow. It isn't just about having a list of names; it’s about:
Funding: How will these personnel be paid for routine training?
Integration: How do you plug veterans back into modern, tech-heavy regular units?
Logistics: Where is the equipment and armor for a reserve of this scale?
Lord Robertson’s warning of "corrosive complacency" serves as a wake-up call. A reserve is only strategic if you actually know how to reach them. As we look toward an increasingly uncertain future, the UK's ability to bridge this data gap might just be the difference between readiness and peril.
#UKDefence #NationalSecurity #ArmedForces #Veterans #StrategicReserve
$WLD
$APT
$NEAR
The concept of a "Strategic Reserve" sounds formidable on paper—a backbone of 95,000 experienced former service members ready to step up in a national crisis. However, a sobering reality check from former Nato head George Robertson suggests that this backbone may be fractured by a surprisingly simple problem: the Ministry of Defence has lost their contact details.
As global tensions rise, the UK government is facing a massive administrative and logistical hurdle. For decades following the Cold War, the practice of maintaining rigorous records for veterans who have been out of service for more than six years largely fell away. Now, with the Strategic Defence Review (SDR) sounding the alarm, the race is on to "round up" those who are fit, willing, and legally liable for recall.
Why This Matters Now
The landscape of national security is shifting rapidly. The government has recently moved to increase the maximum recall age from 55 to 65 and broadened the legal threshold for mobilization to include "warlike operations."
While the MoD insists they are "improving data" and "mobilizing talent," critics and think tanks like RUSI argue that the pace is too slow. It isn't just about having a list of names; it’s about:
Funding: How will these personnel be paid for routine training?
Integration: How do you plug veterans back into modern, tech-heavy regular units?
Logistics: Where is the equipment and armor for a reserve of this scale?
Lord Robertson’s warning of "corrosive complacency" serves as a wake-up call. A reserve is only strategic if you actually know how to reach them. As we look toward an increasingly uncertain future, the UK's ability to bridge this data gap might just be the difference between readiness and peril.
#UKDefence #NationalSecurity #ArmedForces #Veterans #StrategicReserve
$WLD
$APT
$NEAR
🇺🇸 THE "STRATEGIC RESERVE" CHARADE: WHY IS THE USMS STILL FEEDING THE COINBASE MACHINE?
The administration promised a "Never Sell" era for Bitcoin, yet here we are watching $600,000 in BTC slide right back onto Coinbase Prime under the tired banner of "administrative procedures." We are told this is a mechanical necessity of the 2016 Bitfinex hack recovery, but the optics are undeniable: while the government preaches the gospel of the Strategic Bitcoin Reserve, they remain tethered to the very centralized exchange pipelines they claimed they would bypass for the sake of national sovereignty.
The excuse that the U.S. Marshals Service is "legally bound" to use Coinbase as a middleman is the ultimate bureaucratic shield. If the U.S. truly intended to treat Bitcoin as a sovereign reserve asset, it would have already established direct, independent protocols for restitution that don’t involve routing coins through the world's largest liquidity hub. Every time a government wallet "pings" an exchange, it creates unnecessary market FUD and proves that the "Strategic Reserve" is currently more of a campaign slogan than a fully sovereign infrastructure. $RAVE $CYS $BTC
Why is the most powerful economy on earth still acting like a retail trader that can't find the "send" button without a third-party custodian? If these coins are meant for Bitfinex, they should go to Bitfinex. Routing them through Coinbase Prime isn't just "housekeeping"—it’s a reminder that the government’s hands are still deep in the exchange ecosystem they promised to transcend. We were promised a fortress; right now, it looks like a revolving door.
#StrategicReserve
The administration promised a "Never Sell" era for Bitcoin, yet here we are watching $600,000 in BTC slide right back onto Coinbase Prime under the tired banner of "administrative procedures." We are told this is a mechanical necessity of the 2016 Bitfinex hack recovery, but the optics are undeniable: while the government preaches the gospel of the Strategic Bitcoin Reserve, they remain tethered to the very centralized exchange pipelines they claimed they would bypass for the sake of national sovereignty.
The excuse that the U.S. Marshals Service is "legally bound" to use Coinbase as a middleman is the ultimate bureaucratic shield. If the U.S. truly intended to treat Bitcoin as a sovereign reserve asset, it would have already established direct, independent protocols for restitution that don’t involve routing coins through the world's largest liquidity hub. Every time a government wallet "pings" an exchange, it creates unnecessary market FUD and proves that the "Strategic Reserve" is currently more of a campaign slogan than a fully sovereign infrastructure. $RAVE $CYS $BTC
Why is the most powerful economy on earth still acting like a retail trader that can't find the "send" button without a third-party custodian? If these coins are meant for Bitfinex, they should go to Bitfinex. Routing them through Coinbase Prime isn't just "housekeeping"—it’s a reminder that the government’s hands are still deep in the exchange ecosystem they promised to transcend. We were promised a fortress; right now, it looks like a revolving door.
#StrategicReserve
U.S. Strategic Bitcoin Reserve: It's Official! 🇺🇸
Following President Trump's executive order, the U.S. government has officially designated its BTC holdings as Strategic Reserve Assets.
Brazil is now debating a bill to hold 5% of its reserves in Bitcoin.
Institutional entities are now accumulating BTC at 6x the rate of new mining production.
Which country will be the next to add BTC to its balance sheet? 🌍
#StrategicReserve #BTC #Hyperbitconization
Following President Trump's executive order, the U.S. government has officially designated its BTC holdings as Strategic Reserve Assets.
Brazil is now debating a bill to hold 5% of its reserves in Bitcoin.
Institutional entities are now accumulating BTC at 6x the rate of new mining production.
Which country will be the next to add BTC to its balance sheet? 🌍
#StrategicReserve #BTC #Hyperbitconization
🔥 BREAKING: Arizona Just Drops the Hammer – Official #2! THE DOMINOES ARE FALLING. 🚀
HISTORIC IS AN UNDERSTATEMENT.
Right after Oklahoma, the Grand Canyon State just made it OFFICIAL. Arizona has officially passed legislation to establish a Strategic Bitcoin Reserve 🇺🇸
Let that sink in.
A State government is now HODLing Bitcoin like digital gold. Not "maybe." Not a "study." PASSED.
Why this is MASSIVE:
1. 🏛️ Legitimacy Tidal Wave: When a State Treasury holds BTC, it’s no longer "internet funny money." It’s a strategic asset.
2. 💥 The Domino Effect: Oklahoma → Arizona. Who is next? Texas? Florida? The race is on.
3. 🧠 Inflation Hedge: States are waking up. They realize holding depreciating cash is a tax on the future. They want the hardest asset ever created.
The Blueprint is out. The precedent is set.
We are watching the Nation-State adoption phase play out in real time. First nations (El Salvador). Now US States. Next? You connect the dots.
Is your State next? Which one will be #3?
Drop your guess below 👇 And don't sleep on this – these headlines will be worth a fortune in the next cycle.
Always DYOR No Financial advice!
#Bitcoin #Arizona #StrategicReserve #BTC #CryptoNews
$BTC
HISTORIC IS AN UNDERSTATEMENT.
Right after Oklahoma, the Grand Canyon State just made it OFFICIAL. Arizona has officially passed legislation to establish a Strategic Bitcoin Reserve 🇺🇸
Let that sink in.
A State government is now HODLing Bitcoin like digital gold. Not "maybe." Not a "study." PASSED.
Why this is MASSIVE:
1. 🏛️ Legitimacy Tidal Wave: When a State Treasury holds BTC, it’s no longer "internet funny money." It’s a strategic asset.
2. 💥 The Domino Effect: Oklahoma → Arizona. Who is next? Texas? Florida? The race is on.
3. 🧠 Inflation Hedge: States are waking up. They realize holding depreciating cash is a tax on the future. They want the hardest asset ever created.
The Blueprint is out. The precedent is set.
We are watching the Nation-State adoption phase play out in real time. First nations (El Salvador). Now US States. Next? You connect the dots.
Is your State next? Which one will be #3?
Drop your guess below 👇 And don't sleep on this – these headlines will be worth a fortune in the next cycle.
Always DYOR No Financial advice!
#Bitcoin #Arizona #StrategicReserve #BTC #CryptoNews
$BTC
President Trump signs an Executive order establishing the Strategic Bitcoin Reserve and U.S Digital Asset Stockpile.
#StrategicReserve
#Trump’sExecutiveOrder
#TRUMP
#StrategicReserve
#Trump’sExecutiveOrder
#TRUMP
Bitcoin's Price Fluctuations Amid Strategic Reserve Announcements 📉📈
🔥🎁 $BTC 🔥🎁🔥🎁 $ETH 🔥🎁🔥🎁 $XRP 🔥🎁
Bitcoin prices fell by 4.2%, settling around $79,500, contributing to a 12% decline over the past week. This decline occurred following President Trump's announcement of a strategic bitcoin reserve, which highlighted that only bitcoin already held by the government through asset forfeitures would be included, with no new purchases planned.
💬 Each viewer is important to us! We value your comments and will reply to every one of them, so drop your thoughts below! 💬
🙏 Please like and follow—it means the world to me! 🙏
#Bitcoinprice #StrategicReserve #CryptoMarket #BTC
🔥🎁 $BTC 🔥🎁🔥🎁 $ETH 🔥🎁🔥🎁 $XRP 🔥🎁
Bitcoin prices fell by 4.2%, settling around $79,500, contributing to a 12% decline over the past week. This decline occurred following President Trump's announcement of a strategic bitcoin reserve, which highlighted that only bitcoin already held by the government through asset forfeitures would be included, with no new purchases planned.
💬 Each viewer is important to us! We value your comments and will reply to every one of them, so drop your thoughts below! 💬
🙏 Please like and follow—it means the world to me! 🙏
#Bitcoinprice #StrategicReserve #CryptoMarket #BTC
🚨🇺🇸 DOJ NEL MIRINO: POSSIBILE VIOLAZIONE DELL’ORDINE ESECUTIVO SUI BITCOIN DI STATO 🚨🇺🇸
Secondo un’inchiesta di Bitcoin Magazine, circa 57,55 BTC confiscati ai developer di Samourai Wallet (pari a circa 6,3 milioni di dollari) sarebbero stati trasferiti il 3 novembre 2025 verso un indirizzo Coinbase Prime, con saldo oggi a zero, segnalando una probabile vendita sul mercato.
Il punto critico è l’Ordine Esecutivo 14233 firmato da Donald Trump nel 2025, che ha istituito la Strategic Bitcoin Reserve e vieta espressamente la vendita di Bitcoin governativi (“Government BTC”) acquisiti tramite confisca, imponendo che vengano trattenuti come riserva strategica degli Stati Uniti.
Questo ordine è oggi oggetto di un tentativo di codifica anche al Congresso tramite il disegno di legge H.R.3798.
Se confermata, la decisione del DOJ/US Marshals di liquidare quei BTC andrebbe in rotta di collisione con il divieto di “vendere o disporre” di Government Digital Assets, salvo eccezioni molto specifiche che diversi analisti ritengono non applicabili al caso Samourai.
La senatrice pro-Bitcoin Cynthia Lummis ha già chiesto pubblicamente spiegazioni sul perché il governo continui a liquidare BTC nonostante l’ordine li vincoli alla riserva strategica.
Per il mercato, il caso è doppio: da un lato conferma che Washington considera Bitcoin un asset strategico; dall’altro mette in luce frizioni interne tra Casa Bianca, DOJ e burocrazia federale su come gestire questa nuova “ricchezza digitale di Stato”.
#breakingnews #bitcoin #StrategicReserve #usa $BTC
Secondo un’inchiesta di Bitcoin Magazine, circa 57,55 BTC confiscati ai developer di Samourai Wallet (pari a circa 6,3 milioni di dollari) sarebbero stati trasferiti il 3 novembre 2025 verso un indirizzo Coinbase Prime, con saldo oggi a zero, segnalando una probabile vendita sul mercato.
Il punto critico è l’Ordine Esecutivo 14233 firmato da Donald Trump nel 2025, che ha istituito la Strategic Bitcoin Reserve e vieta espressamente la vendita di Bitcoin governativi (“Government BTC”) acquisiti tramite confisca, imponendo che vengano trattenuti come riserva strategica degli Stati Uniti.
Questo ordine è oggi oggetto di un tentativo di codifica anche al Congresso tramite il disegno di legge H.R.3798.
Se confermata, la decisione del DOJ/US Marshals di liquidare quei BTC andrebbe in rotta di collisione con il divieto di “vendere o disporre” di Government Digital Assets, salvo eccezioni molto specifiche che diversi analisti ritengono non applicabili al caso Samourai.
La senatrice pro-Bitcoin Cynthia Lummis ha già chiesto pubblicamente spiegazioni sul perché il governo continui a liquidare BTC nonostante l’ordine li vincoli alla riserva strategica.
Per il mercato, il caso è doppio: da un lato conferma che Washington considera Bitcoin un asset strategico; dall’altro mette in luce frizioni interne tra Casa Bianca, DOJ e burocrazia federale su come gestire questa nuova “ricchezza digitale di Stato”.
#breakingnews #bitcoin #StrategicReserve #usa $BTC
Bitcoin Reserve Deadline Nears: A Game-Changer for $BTC BTC? 🚀
The U.S. Strategic Bitcoin Reserve deadline is just days away, set for May 15, 2025, and it’s sparking buzz across the crypto world! 🗳️ President Trump’s executive order could make Bitcoin a national reserve asset, halting auctions of seized $BTC BTC and potentially triggering a global race for crypto dominance. With $BTC Bitcoin hovering near $97,000, analysts predict a supply squeeze that could send prices soaring. 📈Will this cement Bitcoin’s status as digital gold? Stay tuned as the Treasury’s decision could reshape the market! 💥
#bitcoin #CryptoNews🔒📰🚫 #StrategicReserve
#BitcoinReserveDeadline
The U.S. Strategic Bitcoin Reserve deadline is just days away, set for May 15, 2025, and it’s sparking buzz across the crypto world! 🗳️ President Trump’s executive order could make Bitcoin a national reserve asset, halting auctions of seized $BTC BTC and potentially triggering a global race for crypto dominance. With $BTC Bitcoin hovering near $97,000, analysts predict a supply squeeze that could send prices soaring. 📈Will this cement Bitcoin’s status as digital gold? Stay tuned as the Treasury’s decision could reshape the market! 💥
#bitcoin #CryptoNews🔒📰🚫 #StrategicReserve
#BitcoinReserveDeadline
США намерены скупать весь биткоин: Белый дом подтвердил стратегию
По заявлениям официальных лиц, власти США намерены накопить настолько большой резерв биткоина, насколько это возможно.
Белый дом подчёркивает: «Ни одной единицы не будет продано» — $BTC рассматривается как стратегический актив для будущего цифрового господства США.
📊 Уже сейчас США владеют более 200,000 BTC, что делает страну крупнейшим государственным холдером биткоина.
💬 Это решение может: — Укрепить легитимность $BTC на международной арене
— Повысить давление на другие страны, не владеющие цифровыми активами
— Спровоцировать новый виток роста цены биткоина
#Bitcoin #USA #CryptoNews #DigitalGold #StrategicReserve
По заявлениям официальных лиц, власти США намерены накопить настолько большой резерв биткоина, насколько это возможно.
Белый дом подчёркивает: «Ни одной единицы не будет продано» — $BTC рассматривается как стратегический актив для будущего цифрового господства США.
📊 Уже сейчас США владеют более 200,000 BTC, что делает страну крупнейшим государственным холдером биткоина.
💬 Это решение может: — Укрепить легитимность $BTC на международной арене
— Повысить давление на другие страны, не владеющие цифровыми активами
— Спровоцировать новый виток роста цены биткоина
#Bitcoin #USA #CryptoNews #DigitalGold #StrategicReserve
$XRP is not gonna die, so benefit from the #DIP and buy or DCA with as much as $50 daily.
It's part of US #StrategicReserve
#WhiteHouseCryptoSummit
#XRP
It's part of US #StrategicReserve
#WhiteHouseCryptoSummit
#XRP
🚨 BREAKING: Trump Drops Crypto Bombshell! 🚨
Yesterday, President Trump made a massive announcement that sent shockwaves through the crypto world: the creation of "The Crypto Strategic Reserve" – potentially the biggest news in crypto history! 🌐💥
But here’s the twist: instead of holding steady, people are panic-selling their Bitcoin like there’s no tomorrow! 🤯📉
Seriously, what’s going on? Are we missing something, or is this just another case of FUD (Fear, Uncertainty, Doubt) taking over? 🤔💭
Let’s not forget: smart money stays calm while the crowd freaks out. 🧠💎 Maybe it’s time to HODL and see how this plays out. 🚀
#CryptoNews #Bitcoin #TrumpCrypto #HODL #StrategicReserve
What do you think? Is this a game-changer or just another hype train? Let’s discuss! 👇💬
$BTC
$ETH
$XRP
Yesterday, President Trump made a massive announcement that sent shockwaves through the crypto world: the creation of "The Crypto Strategic Reserve" – potentially the biggest news in crypto history! 🌐💥
But here’s the twist: instead of holding steady, people are panic-selling their Bitcoin like there’s no tomorrow! 🤯📉
Seriously, what’s going on? Are we missing something, or is this just another case of FUD (Fear, Uncertainty, Doubt) taking over? 🤔💭
Let’s not forget: smart money stays calm while the crowd freaks out. 🧠💎 Maybe it’s time to HODL and see how this plays out. 🚀
#CryptoNews #Bitcoin #TrumpCrypto #HODL #StrategicReserve
What do you think? Is this a game-changer or just another hype train? Let’s discuss! 👇💬
$BTC
$ETH
$XRP
🚀 BREAKING: U.S. Senator Cynthia Lummis Declares America Must Transition from Gold to Bitcoin Reserves! 🇺🇸💰
In a historic move that could reshape global finance, Republican Senator Cynthia Lummis is pushing for the BITCOIN Act—legislation mandating the U.S. government to swap gold reserves for Bitcoin 🪙➡️🪙. This isn’t just policy; it’s a revolution.
BUY& TRADE HERE
$ASTER
$SOMI
$LINEA
🔥 What’s Happening?
· Lummis proposes revaluing U.S. gold reserves at current market prices and using the gains to acquire Bitcoin—without increasing national debt .
· The goal: 1 million BTC in the U.S. Strategic Bitcoin Reserve (SBR) over five years .
· President Trump endorses the move, calling it essential for U.S. economic dominance .
💡 Why It Matters
· Geopolitical Power: The U.S. already holds ~198,000 BTC (largest state-owned stash globally) . This move could lock down 5% of Bitcoin’s total supply .
· Gold 2.0: Lummis argues Bitcoin is digital gold—scarce, durable, and ideal for 21st-century reserves .
· Global Race: Countries like Kyrgyzstan and Pakistan are already accumulating BTC . If the U.S. delays, it risks being left behind.
⚡ Market Impact
· Bitcoin hit $124,000 this month amid Fed easing bets and regulatory wins .
· The BITCOIN Act could trigger institutional FOMO, pushing BTC toward $150,000+ .
· Gold may face selling pressure as portfolios pivot to digital sound money.
🌍 Global Reactions
· Supportive: Belarus and Indonesia are exploring state Bitcoin strategies .
· Skeptical: The EU and Switzerland reject Bitcoin reserves, citing volatility .
· Neutral: India is reviewing its crypto stance amid shifting global tides .
🧠 The Bottom Line
This isn’t just about money—it’s about power, innovation, and sovereignty. The U.S. is poised to lead the digital asset era, but only if Congress acts.
#StrategicReserve
---
💡 Crypto Question: If the U.S. buys 1 million BTC, will you increase your Bitcoin holdings? Why or why not? 💬
In a historic move that could reshape global finance, Republican Senator Cynthia Lummis is pushing for the BITCOIN Act—legislation mandating the U.S. government to swap gold reserves for Bitcoin 🪙➡️🪙. This isn’t just policy; it’s a revolution.
BUY& TRADE HERE
$ASTER
$SOMI
$LINEA
🔥 What’s Happening?
· Lummis proposes revaluing U.S. gold reserves at current market prices and using the gains to acquire Bitcoin—without increasing national debt .
· The goal: 1 million BTC in the U.S. Strategic Bitcoin Reserve (SBR) over five years .
· President Trump endorses the move, calling it essential for U.S. economic dominance .
💡 Why It Matters
· Geopolitical Power: The U.S. already holds ~198,000 BTC (largest state-owned stash globally) . This move could lock down 5% of Bitcoin’s total supply .
· Gold 2.0: Lummis argues Bitcoin is digital gold—scarce, durable, and ideal for 21st-century reserves .
· Global Race: Countries like Kyrgyzstan and Pakistan are already accumulating BTC . If the U.S. delays, it risks being left behind.
⚡ Market Impact
· Bitcoin hit $124,000 this month amid Fed easing bets and regulatory wins .
· The BITCOIN Act could trigger institutional FOMO, pushing BTC toward $150,000+ .
· Gold may face selling pressure as portfolios pivot to digital sound money.
🌍 Global Reactions
· Supportive: Belarus and Indonesia are exploring state Bitcoin strategies .
· Skeptical: The EU and Switzerland reject Bitcoin reserves, citing volatility .
· Neutral: India is reviewing its crypto stance amid shifting global tides .
🧠 The Bottom Line
This isn’t just about money—it’s about power, innovation, and sovereignty. The U.S. is poised to lead the digital asset era, but only if Congress acts.
#StrategicReserve
---
💡 Crypto Question: If the U.S. buys 1 million BTC, will you increase your Bitcoin holdings? Why or why not? 💬
#US won’t start Bitcoin reserve until other countries do: Mike Alfred _ The US government will start buying Bitcoin for its #StrategicReserve when there is “enough pressure externally,” says crypto entrepreneur #MikeAlfred .
"Disclaimer _ Source: Binance News / Bitdegree / Coindesk / Coinmarketcap / #Cointelegraph / Decrypt & do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"
$BTC
"Disclaimer _ Source: Binance News / Bitdegree / Coindesk / Coinmarketcap / #Cointelegraph / Decrypt & do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"
$BTC
🇺🇸 Policy Update: US Government halts BTC auctions.
The DOJ has confirmed a critical change in procedure: 57.55 $BTC seized from the Samourai Wallet case will remain on the U.S. balance sheet.
The Logic:
Instead of liquidating assets for cash (as done previously by US Marshals), the government is applying Executive Order 14233 to classify this Bitcoin as a "Strategic Reserve Asset."
This effectively removes future government seizures from the potential sell-side supply.
#BTC #StrategicReserve #Bitcoin #CryptoNews
The DOJ has confirmed a critical change in procedure: 57.55 $BTC seized from the Samourai Wallet case will remain on the U.S. balance sheet.
The Logic:
Instead of liquidating assets for cash (as done previously by US Marshals), the government is applying Executive Order 14233 to classify this Bitcoin as a "Strategic Reserve Asset."
This effectively removes future government seizures from the potential sell-side supply.
#BTC #StrategicReserve #Bitcoin #CryptoNews
🇺🇸 US Policy Update: No more BTC auctions.
The DOJ confirms 57.55 BTC from the Samourai Wallet case will stay on the U.S. balance sheet.
💡 Why it matters: Under Executive Order 14233, these bitcoins are now a Strategic Reserve Asset, meaning future government seizures won’t hit the market.
#BTC #StrategicReserve #Bitcoin #CryptoNews
The DOJ confirms 57.55 BTC from the Samourai Wallet case will stay on the U.S. balance sheet.
💡 Why it matters: Under Executive Order 14233, these bitcoins are now a Strategic Reserve Asset, meaning future government seizures won’t hit the market.
#BTC #StrategicReserve #Bitcoin #CryptoNews
White House Confirms: Samourai BTC Stays in Strategic Reserve 🇺🇸
Big clarification coming out of the White House today regarding the $6.4M in Bitcoin seized from the Samourai Wallet developers. Patrick Witt confirmed that despite the initial fears, these funds are not being liquidated. Instead, they are officially joining the national Strategic Bitcoin Reserve.
There was a lot of confusion because the signed plea deal with developers Keonne Rodriguez and William Lonergan Hill actually contained language about liquidating the assets. However, Executive Order 14233 takes precedence here, ensuring the Bitcoin stays on the government's balance sheet rather than being dumped on the market.
While this is a bullish signal for price (showing the US is serious about holding seized assets), it’s still a bittersweet moment for privacy advocates, as the developers have already begun serving their 4 and 5-year sentences.
#Bitcoin #StrategicReserve #CryptoNews #Privacy #BTC
Big clarification coming out of the White House today regarding the $6.4M in Bitcoin seized from the Samourai Wallet developers. Patrick Witt confirmed that despite the initial fears, these funds are not being liquidated. Instead, they are officially joining the national Strategic Bitcoin Reserve.
There was a lot of confusion because the signed plea deal with developers Keonne Rodriguez and William Lonergan Hill actually contained language about liquidating the assets. However, Executive Order 14233 takes precedence here, ensuring the Bitcoin stays on the government's balance sheet rather than being dumped on the market.
While this is a bullish signal for price (showing the US is serious about holding seized assets), it’s still a bittersweet moment for privacy advocates, as the developers have already begun serving their 4 and 5-year sentences.
#Bitcoin #StrategicReserve #CryptoNews #Privacy #BTC
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