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this post was submitted on 19 Apr 2025
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You forgot the part where they take all the government purchased Bitcoin and cash that out to personal accounts.
They could literally steal billions of dollars this way... It's terrifying.
There is no point to taking the extra strep of buying Bitcoin when they steal government funds to personal accounts.
If they're already doing that, sure. Though that is harder to cover the tracks of.
Whoa whoa whoa whoa whoa... "COULD"???? We both know that they WILL do that, given the chance. The Fash Trash are opportunistic parasites, after all.
They already freed up a bunch of seized bitcoin and called it a "reserve." Wtf is government suppose to do with bitcoin? Buy mercenaries on the deep web?
I mean, Bitcoin is an appropriate currency to use as a reserve, that's not misguided. The problem is that they can't be trusted with access to the funds.
With bitcoin basically a stand in for the dollar these days, what would the purpose of that be?