Krypto czar criticizes US BTC strategy
While some crypto investors missed abundant majestic states too early or at the wrong time, they are not the only ones. In fact, because the United States also did the same by missing their hands on billionaire amounts thanks to BTC.
In addition, this bad strategy was not unnoticed on the side of some, and especially on the side of Czar, David Sacks, who lamented the lack of US strategy. While the current government seems to want to set up a BTC strategic reserve, David Sacks is now complaining about the US deficiency. This is because of previous governments that were sold according to Krypto Cara about 195,000 units.
To press David Sacks, the operations “only” in the United States allowed to win more than $ 366 million than billionaires.
Lack of billionaire!
At the current negotiating price ($ 88,500), these 195,000 BTC are currently awarded $ 17.257 billion. Even better, in ATH for $ 109,000, these same pieces were exchanged for $ 21.255 billion. Alarming lack of victory for the country’s uncle alone because of the bad crypto strategy.
At present, however, the United States government would not sell all its detention. In fact, because, according to Bitcoin’s treasures, the US would still have 198,000 pieces or $ 17.5 billion.
We remind us that the Biden administration has repeatedly decided to sell BTC during the mandate until 2020-2024. Unfortunately for the US, all sales were made at significantly lower prices than the current price.
Another government made the same mistake last year, because Germany also decided to separate from all its BTC detention. It was when the latter was awarded around $ 50,000. Indeed, the German government separated from 50,000 parts for a total amount of $ 2.88 billion. With an average selling price of $ 57,600, clotting was not favorable to the Germans. It could have received $ 4.42 billion at the current price or $ 5.45 billion for $ 109,000.
Morality of History: Patience to its virtues, because a thoughtful decision is always better than a decision made in collisions and thoughtless.
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