Ryan Adams

Were scattered across the DOJ, you know, cold wallets and desk drawers.

So you need something centralized, some cold storage, some Fort Knox type of infrastructure in order to do this.

I think also an audit framework will be part of this.

I think they'll formalize that we're not selling Bitcoin.

The teeth behind this

And I think they will do this.

They will give Bitcoin, maybe some other crypto assets, a reserve asset designation.

So that puts it in kind of the class on the Fed balance sheet alongside gold, alongside other fiat currencies that they might hold and SDRs.

So I think that's what they're really going to do.

And the U.S.

government does have about 300,000 to 328,000 Bitcoin assets.

Although a chunk of this is court bound, is tied up in courts, is victims have claim over it.

That's right.

So the Fort Knox pile, the part they would put in the strategic Bitcoin reserves, probably like closer to like 150 to 200K Bitcoin.

That's what I think they're going to roll out.

And that is, in my opinion, very bullish.

Now, it might not be as bullish.

Yeah.

Like, if you're not excited about this, you don't think this is bullish?

Thumbs up.