@parkeralewis @MurphyHODLs @PunterJeff@Nikamd08@IIICapital I’m telling my wife someone on X called me conservative. She may frame it.
I’m not saying securities are Bitcoin. I’m saying they may be an on-ramp. Some buy the wrapper. Some ask what’s inside. That seems like a feature, not a dilemma.
@parkeralewis @MurphyHODLs @PunterJeff@Nikamd08@IIICapital *question and explore the underlying structure, Bitcoin, which will lead some to understanding and holding their own BTC.
*Clarification
@parkeralewis @MurphyHODLs @PunterJeff@Nikamd08@IIICapital Agreed. In ten years after thousands of daily payments without missed payments, trust in the underlying structure, Bitcoin, will be significantly magnified. This will certainly lead people to understand the underlying structure, and have more trust in it.
@Sydwin@JasonPLowery I have no expertise and can not respond articulately to your question. However I did watch the video that @JasonPLowery posted and much of it is answering your question. In brief, Bitcoin may not be susceptible to quantum attacks as many fear.
@elonmusk@aaronburnett Hey @elonmusk , does it make sense to start having humans live on the moon en mass? I was just telling my wife how I'm "definitely going" if you continue to offer the trip. I was thinking about my future self and the idea that elderly living and dying on the moon has advantages..
@MathematicalTru@Strategy Ah, I didn't see this on my first look through.
"The Company expects the net proceeds from the STRD Offering to be approximately $979.7
million, after deducting the underwriting discounts and commissions and the Company’s estimated offering expense."
@BitPaine@APompliano has this same point on a podcast he released the other day. His theory actually made sense. We may have more gold in Fort Knox than believed or documented officially.
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.