@DrAnonymous77@FlexaHQ Just sell and pick another token. At some point you need to realize flexa and amp is just a dog and poney show to suck in retail, thats it. Nothing more, nothing less. Sell and move on you made a bad investment.
Many in D.C. and the media are rightfully energized about stablecoin payments -- finally! -- thanks to the promise of stablecoin legislation. No doubt this is exciting, long overdue, and something we at Flexa have been working for since 2018; I, personally, have been to 50+ Senate and House offices, had 250+ meetings, all for the greater good of authenticating/legitimizing the biggest technological breakthrough of our lifetimes with meaningful, if not perfect, regulation -- regulation that will trigger full scale adoption for merchants, and for all of commerce. Honestly, I cannot over emphasize how massive this is, and I very much look forward to time proving this to be absolutely correct.
But now I want to pause, before the legislation hits and the world reacts as if stablecoin payments are something new, and congratulate the entire Flexa team on the eve of this legislation becoming a reality.
Why?
Because Flexa has been powering stablecoin payments since 2019.
Because Flexa already enables enterprise grade merchants like Chipotle, Regal, Sheetz, Ulta Beauty, GameStop (and many new merchants coming soon™) to accept stablecoin payments -- now -- launched years before other payment platforms, and prior to even a hint of this needed regulation.
Because unlike any other payment platform, Flexa provides its merchant partners with fraud proof and immediate payment solutions for any digital asset from any wallet, with payments contractually guaranteed, all thanks to the genius of Amp, the only neutral collateral token on earth, which for the first time in the history of human commerce has entirely decentralized risk, obliterating the need for 2000+ person credit/debit fraud departments that needlessly contribute to total U.S. social cost of payments exceeding 2% of the U.S. GDP each year, which equates to the U.S. lighting ~$700B on fire annually, for no reason, all because it relies on analogue debit/credit rails invented 30 years before the internet (and by the way, yes, those are the same rails MasterCard, etc., are still using today with their alleged stablecoin payment platforms).
Because the ridiculously cool stuff we've already built but haven't launched will power a future of payments beyond stablecoins; meaning, Flexa is poised to power the post-stablecoin, next generation of payments today, 5 years before everyone else, just like we powered stabecoin payments 5 years before anyone else.
That said, I could not be more excited about the incoming stablecoin legislation and its impact on the future of payments, which will not include credit or debit rails, and which will at long last be fully open commerce for all, unbanked and underbanked included, equally, all brought to you by Flexa, and all powered by Amp.
Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.
The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime.
It is estimated that the U.S. government owns about 200,000 bitcoin; however, there has never been a complete audit. The E.O. directs a full accounting of the federal government’s digital asset holdings.
The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called “digital gold.”
Premature sales of bitcoin have already cost U.S. taxpayers over $17 billion in lost value. Now the federal government will have a strategy to maximize the value of its holdings.
The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies have no incremental costs on American taxpayers.
IN ADDITION, the Executive Order establishes a U.S. Digital Asset Stockpile, consisting of digital assets other than bitcoin forfeited in criminal or civil proceedings.
The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.
The purpose of the Stockpile is responsible stewardship of the government’s digital assets under the Treasury Department.
PROMISES MADE, PROMISES KEPT
President Trump promised to create a Strategic Bitcoin Reserve and Digital Asset Stockpile. Those promises have been kept.
This Executive Order underscores President Trump’s commitment to making the U.S. the “crypto capital of the world.”
I want to thank the President for his leadership and vision in supporting this cutting-edge technology and for his rapid execution in supporting the digital asset industry. His administration is truly moving at “tech speed.”
I also want to thank the President’s Working Group on Digital Asset Markets — especially Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick — for their help and support in getting this done. Finally Bo Hines played a critical role as Executive Director of our Working Group.
Over the past decade, the federal government sold approximately 195,000 bitcoin for proceeds of $366 million. If the government had held the bitcoin, it would be worth over $17 billion today. That’s how much it has cost American taxpayers not to have a long-term strategy.