10 sats \ 1 reply \ @teemupleb 19 May \ on: Analyzing the US Government's Bitcoin holdings: What you need to know bitcoin
For long I thought that there was a procedure to liquidate all seized bitcoin to dollars, but it seems that the US government can just hodl the Silk Road coins indefinitely?
I wonder who decides or advises on the timing of the sales that happen? They have hired a technical analyst to time the sales?
https://www.coindesk.com/markets/2024/04/02/silk-road-bitcoin-worth-2b-moved-by-us-government-on-chain-data/