Cryptocurrency Q&A
Does the US government own Bitcoin?
Does the US government own Bitcoin?
Lucia
Sun Sep 08 2024
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6 answers
1130
Could you clarify something for me? Is it accurate to state that the United States government holds ownership over Bitcoin? I'm curious as to whether they've invested in the cryptocurrency, possess a significant portion of the circulating supply, or if there's any official recognition on their part that grants them ownership rights. I'd appreciate your insights on this matter.
6 answers
Sofia
Tue Sep 10 2024
This figure highlights the increasing interest and adoption of digital currencies by governments, who see the potential in using Bitcoin for various purposes.
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Emanuele
Tue Sep 10 2024
Among the governments holding Bitcoin, the United States stands out as the largest holder, with over 210,000 coins in its possession.
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Elena
Tue Sep 10 2024
The value of these Bitcoins, at the time of writing, exceeds $13 billion, reflecting the significant financial resources invested by the US government in the cryptocurrency.
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Federico
Tue Sep 10 2024
While the exact reasons behind the US government's acquisition of Bitcoin remain unclear, it is speculated that they may be using it for various purposes, including diversification of their financial assets and hedging against inflation.
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Leonardo
Tue Sep 10 2024
Governments worldwide have accumulated a significant portion of the Bitcoin supply, holding an estimated 2.7% of the total 21 million coins in circulation.
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