The Rage
· 1w
🔦 NEW: A bill introduced for markup today suggests that the Strategic Bitcoin Reserve does not exist.
https://www.therage.co/the-strategic-reserve-of-fugazi/
The reserve exists, but only as an executive order, funded with forfeited coins the government already held. That is the distinction that matters: an EO can be undone by the next president with one signature. A bill converts it into statute, which is why one is being introduced. Neither version authorizes buying new BTC with taxpayer money yet.