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Bitcoin Seized by Government Will Be Sold Off Before You Can Even Say ‘Alternative Investment

BitcoinCrypto NewsFeatured 2 Linda Williams August 16, 2024

An illustration of a government vault door opening wide revealing stacks of gold bars inside while in front of it two men stand facing each other one holding onto a stack of bitcoin blocks and the other with arms crossed looking at him. The man holding the bitcoins is wearing a suit labeled as 'Trump' on his back, the other has no label but looks like he's dressed for work. In the background there are several screens displaying stock market data showing an upward trend while in front of them two large clocks show different times one with 12:00 and another with 23:59.

Another day, another opportunity for crypto bros to get their hopes up only to be crushed like the worthless tulip bulbs they are. Peter Schiff is right on this one – if Trump really wanted to keep all the seized bitcoin he’d keep his mouth shut until it’s a done deal. But no, because that would require actual leadership and not just grandstanding for the crypto crowd

Source: bitcoin.com

Peter Schiff: US Government Will Sell All Seized Bitcoin Before Trump Takes Office
https://news.bitcoin.com/peter-schiff-us-government-will-sell-all-seized-bitcoin-before-trump-takes-office
Speculation is growing that the Biden administration will sell all its seized bitcoin holdings after former President Donald Trump pledged to ensure the U.S. government keeps all of its bitcoins if re-elected. Economist and gold advocate Peter Schiff believes the Biden administration will sell every bitcoin before Trump takes office. The transfer of $2 billion in BTC by the U.S. government on Monday has intensified this speculation. Speculation that the […]

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About the author

Linda Williams

Linda’s venture into cryptocurrency ended in a gut-wrenching disaster when she lost her private keys due to a ridiculous mishap involving coffee and a particularly reckless cat. With her funds locked away forever, Linda now pours her frustration into writing biting critiques of crypto’s absurdities, dripping with sarcasm. Her tagline? “I lost my private keys and my sanity. Crypto promised freedom, but all it gave me was a lifetime of regret.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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