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The director of Bitcoin Magazine accused the US authorities of embezzling the state reserve of bitcoins

Bits.media / 18.06.2024 / 16:07
The director of Bitcoin Magazine accused the US authorities of embezzling the state reserve of bitcoins
The CEO of Bitcoin Magazine stated that as a result of the incompetence of the current government of the United States, the country's budget lost more than $12 billion in the first cryptocurrency.

David Bailey claims that right now there should have been more than 400,000 bitcoins on the U.S. balance sheet totaling over $26 billion. However, instead, officials of the current democratic government "got into the pocket of the wealth of future generations."

The director of the magazine believes that officials indefinitely sold 187,078 bitcoins at auction for $282 million, which are now worth about $12.5 billion. 

The head of Bitcoin Magazine insists: if Donald Trump wins the upcoming elections, he should create a strategic reserve of bitcoins "to stop the looting of the country's future," as well as take control of the sale of bitcoins and "return what has already been lost."

The former US president has repeatedly assured the crypto community of his readiness to contribute to the development of the country's digital asset industry in exchange for promises of support for his candidacy in the upcoming elections.

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