US Government’s Bitcoin Sale Sparks Criticism: A ‘Strategic Mistake’

US Government’s Bitcoin Sale Sparks Criticism: A ‘Strategic Mistake’

The United States government’s recent transfer of approximately $1.9 billion worth of Bitcoin to Coinbase has drawn sharp criticism from cryptocurrency executives and analysts, who see the move as a misstep in handling a strategically valuable asset. Jason Lowery, a United States Space Force major and author of Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin, called the decision a “huge strategic...

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