The U.S. Government Has $5B in Bitcoin

Re:The U.S. Government Has $5B in Bitcoin by automatic6131 on Monday October 16, 2023 @11:19AM (#37901050)

Wow, it's 2023 and 1 (one) small country officially recognises it (and no one actually[1] uses it there, except for small tourist attractions), no companies accept it, and criminals don't even use it anymore.

[1] Number Go Up by Zeke Faux tries actually using BTC in El Salvdor. Many don't know how, some people tell him to leave, some try but it's strictly inferior to existing payment methods.

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Re:The U.S. Government Has $5B in Bitcoin by anon1199022 on Monday October 16, 2023 @11:23AM (#37901104)

Read. https://fortune.com/2023/10/16/cryptocurrency-ferrari-cars-e...

Then understand and stop lying.

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Re:The U.S. Government Has $5B in Bitcoin by lawlessone on Monday October 16, 2023 @11:34AM (#37901287)

oh in that case ill use it next time a buy a ferrari on my weekly shop.

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Re:The U.S. Government Has $5B in Bitcoin by seanhunter on Monday October 16, 2023 @11:49AM (#37901545)

It would be worth you reading https://news.ycombinator.com/newsguidelines.html, especially

   Be kind. Don't be snarky. Converse curiously; don't cross-examine. Edit out swipes.

   Comments should get more thoughtful and substantive, not less, as a topic gets more divisive.

   When disagreeing, please reply to the argument instead of calling names. "That is idiotic; 1 + 1 is 2, not 3" can be shortened to "1 + 1 is 2, not 3."

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Re:The U.S. Government Has $5B in Bitcoin by kkielhofner on Monday October 16, 2023 @01:25PM (#37903177)

There have been plenty of these announcements over the years.

They’re almost always rolled back in some number of months.

See Tesla as the most famous example:

https://www.cnbc.com/amp/2021/05/12/elon-musk-says-tesla-wil...

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