Pesin says that the new bitcoin purchases by the United States government are still on the table

Bitcoin has recently reached the highest level ever at $ 124,400, and increased by 93 % of more than a year. But the encrypted currency lovers believe that the matter may rise, and these people witnessed a set of feelings on Thursday after Scott Beesen gave conflicting signals about what the US government planned to the most encrypted currency in the world.

Initially, with disappointment of Besscoin fans on Thursday morning when he said that the strategic Bitcoin reserves called the United States government, which President Donald Trump announced in March, will not be stored in the newly purchased bitcoin anytime.

But it seems that the Treasury Secretary reversed the path later in the day, as he sent mixed signals to the encryption people who know that it will really help in the price juice if the Trump system buys a boat load of digital money without a good reason.

Scott says that there is no new money

Bessent was asked about gold during an interview with Fox Business with Maria Bartiromo, and was identified in talking about Bitcoin, which the White House argued as important for the future.

“We have also started to enter the twenty -first century, bitcoin strategic reserves. We will not buy it, but we will use confiscated assets and continue to build it. We will stop selling it, He said.

The Treasury Secretary said that he believes that the government’s bitcoinzing ranges between 15 billion dollars and 20 billion dollars, less than the previous $ 23 billion, such as the encryption news port. Prost Notes.

https://www.youtube.com/watch?

Why is any of this issue for encryption monitors? Since many were disappointed in March when it turned out that rumors about a “strategic reserve” of encryption means that the United States government will not already buy a new bitcoin. The US Department of Justice often seizes encryption during criminal judicial prosecutions, and instead of selling this encryption as it usually does, the Trump system suggested adhering to it as a “reserve.”

Scott is mysteriously turns

Bess’s comments appear on Thursday morning confirming that there are no plans to purchase the new Bitcoin, which is likely heard about complaints. Because by the afternoon, bessent I sent a tweet It seems that this contradicts what he said at Fox.

“Bitcoin, which was recently lost to the federal government, will be the basis for the strategic Bitcoin reserve created by President Trump in his executive order in March,” and Besin also tweet. “In addition, the Treasury is committed to exploring neutral budget tracks to gain more bitcoin to expand the reserve, and implement the president’s promise to make the United States” the superpower of bitcoin in the world. “

What does that mean?

What does “budget neutral paths” mean? This is not clear. But it does not close the door when you get more bitcoin in a way that makes the price height, which is the only thing that bitcoin holders are interested in. Bitcoin does not serve in “reserve” any purpose that exceeds making it more rare, which helps to increase the price.

But the dream of the encryption is that the United States government pumps the real US dollars in Bitcoin, which leads to artificially inflating the price and paying a kind of free money in the liquidity collection. Because none of this works without real dollars. When these people dry, they left more hopes and digital dreams.

The US dollar is literally supported by the American army. Bitcoin? It is supported by your belief in its price to continue to ascend forever.