It has been reported that the US government has accumulated a hoard of Bitcoin worth 15-20 billion dollars through confiscation of illegal funds. This hoarding was launched by Pres. Trump who halted what would have been ongoing sales to convert Bitcoin to cash. Is this a sinister move, in order to create a way to trigger collapse of that asset by dumping a large amount of Bitcoin on the market to start a collapse at some point in the future?

DWQA Questions › Category: Extraterrestrial Corruption of Human Institutions › It has been reported that the US government has accumulated a hoard of Bitcoin worth 15-20 billion dollars through confiscation of illegal funds. This hoarding was launched by Pres. Trump who halted what would have been ongoing sales to convert Bitcoin to cash. Is this a sinister move, in order to create a way to trigger collapse of that asset by dumping a large amount of Bitcoin on the market to start a collapse at some point in the future?

0 Vote Up Vote Down

Nicola Staff asked 7 days ago

This, indeed, is a sinister and deliberate maneuvering to encourage further public acceptance of Bitcoin by legitimizing it as even worthy of government investment. It could well turn out that a sale of this hoard could aggravate a plunge in the price by masking the true motive as simply a common sense cutting of losses, as many do in a plunging stock market downdraft to honor stop losses, for example.