They’re Going To Confiscate Bitcoin. Strategic Asset Reserve. Alphabet Inc.gov – Corporate Science

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They’re Going To Confiscate Bitcoin.

and/or make it illegal to transact in “bitcoin” (lizards only) because the asset is “strategic”.

https://www.forbes.com/sites/digital-assets/2024/07/03/trump-sparks-talks-of-bitcoin-as-a-strategic-reserve-asset

Strategic asset reserve confiscation

Confiscation of strategic assets refers to the government’s seizure or forced sale of critical resources, such as commodities, currencies, or financial instruments, to address economic or financial crises. In the context of a strategic asset reserve, confiscation could involve the government taking control of a reserve of a commodity or item, such as gold, oil, or food, to mitigate the impact of supply disruptions or market volatility.

Historical Context

In the 1930s, the US government confiscated gold from citizens and institutions as part of President Franklin D. Roosevelt’s New Deal policies, including Executive Order 6102 and the Gold Reserve Act of 1934. This move was aimed at stabilizing the US economy and restoring confidence in the dollar.

[BlackRock]

They’re Going To Confiscate Bitcoin. Strategic Asset Reserve. Alphabet Inc.gov – Corporate Science

and/or make it illegal to transact in strategic reserve currency.

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