Oddbean new post about | logout
 This is pretty funny actually. The FBI has over 200,000 btc, The NSA over 250,000, The CIA over 215,000. Trump just has a big mouth, It already is the Crypto capital. 
 maybe trump will take those and put a more official designation on them as the reserve ? 
 It’s private capital, That’s the whole fucking point. So sad to see financial liberty pioneers falling for fucking politics. You have bitcoin? That’s your business, And nobody else’s. You know who cares? You and the people you give bitcoin to. Everyone else can mind their own business. 
 I don’t see this as “falling for politics”. It’s observing game theory and reality and predicting how it will play out. 
 I would still buy use and hold bitcoin irregardless of who won any election, And I have no expectations that the government gives any kind of shit about my existence, Honestly I feel the same about Bitcoin. It is literally just an algorithm running in many computers around the world for me to use at my discretion. Nobody has ever given me a significant amount of Bitcoin and the people who love me most have given me more money than any government or protocol user. People do not care and governments do not either. Look out for yourself and the ones you love is the only game theory. 
 Aside from this, The US government “strategic reserve” is still not The Federal Reserve “strategic reserve”. Politics man, They make you think you are important to a person who just wants your support so they have a job, Or stay out of prison if they are a convicted felon. 
 speaking of big mouth. 😆 
 Interesting...I've never seen numbers about the NSA and CIA holdings.  I am aware that the U.S. Marshals Service have significant BTC holdings from various seizures.  Where can I find BTC holdings of the NSA and CIA? 
 Yeah i thought it was only fbi 
 Then again if i remember correctly they sold it all? 🤔 
 no. they lost it in a boating accident. 
 The FBI is the only agency that publicly admits to having confiscated Bitcoin. All types of people work for the NSA, And you can meet them at Defcon. Tor is one of the CIAs most used cyber proxy tools, And Bitcoin is of course a tool they use. Bitcoiners using military technology thinking they are participating in a revolution against the government, When actually they are participating in the government surviving central banks. Show me 200,000 bitcoin and I will believe you are more powerful than the Federal Government.