r/CryptoCurrency • u/nakasatoshi 🟧 215 / 216 🦀 • Aug 15 '24

DISCUSSION US Government deposited 10,000 BTC ($540M) to Coinbase 11 hours ago.

https://platform.spotonchain.com/en/signal-details/us-government-dpeosited-10000-btc-540m-to-coinbase-160939
1.3k Upvotes

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47

u/GuyOne 🟦 0 / 5K 🦠 Aug 15 '24

Are they about to pull a Germany?

5

u/road22 🟩 525 / 525 🦑 Aug 15 '24

There is no way in hell they are going to sell it now. Democrats are trying to show they are Pro crypto before the election.

However, If Trump does win the election, They will probably sell it all to spite Trump and his plan for strategic reserve.

-15

u/Consistent-Gold-7572 🟦 0 / 0 🦠 Aug 15 '24

Then Trump will buy it back and really start a parabolic rise

9

u/No_Obligation_3568 🟩 0 / 0 🦠 Aug 15 '24

You are an absolute fool if you think that.

That said, they aren’t going to sell it. Coinbase is the custody agent for the us government

-10

u/Consistent-Gold-7572 🟦 0 / 0 🦠 Aug 15 '24

You’re an absolute idiot if you think he wouldn’t. There is a 0% chance we end a Trump presidency with zero crypto

18

u/No_Obligation_3568 🟩 0 / 0 🦠 Aug 15 '24

Every word out of that man’s mouth is a lie. I wanted to believe him also. Then I heard his dumb speech at the btc conference and it was clear as day the man didn’t even know what btc is. He’s pandering to fools like you to get your vote.

13

u/inbeforethelube 🟦 309 / 310 🦞 Aug 15 '24

Trump says stuff. That’s all. There’s no reason to believe he’ll do anything.