Thread by @politvidchannel

BREAKING: Trump was Just caught trying to Transfer $100 Billion of your Tax Dollars to Rich Bitcoin Owners

Bombshell reporting found that Trump and the Republicans are planning to Transfer $100 Billion of your Tax Dollars to Rich Bitcoin Owners.

At issue is a bill introduced by Sen. Cynthia Lummis (R-WY) that, if enacted, would require the U.S. Treasury to buy one million Bitcoins over five years and be held for at least 20 years. Early this year, Bitcoin was trading at $100,000, which means purchasing that many Bitcoins at that rate would cost $100 billion.

Those who sell large crypto holdings often face a liquidity crisis.

Rich folks who own a lot of crypto have a problem. Cryptocurrency, and Bitcoin in particular, is a valuable asset. A single Bitcoin Early this year was worth over 100 grand. Some very, very wealthy people own hundreds of millions or even billions of dollars worth of Bitcoin.

It’s not liquid like cash that you can easily spend or invest or use for practical purposes.

It has no practical use really outside of a few gimmicks. And it’s very useful for criminal cartels.

So, if you’re an investor, you are sitting on this speculative asset. You can’t actually do anything with it, but it’s worth a lot of money.

What’s more, if you try to sell it all off to get rid of it, the hoards of Bitcoin on the exchanges, that’s gonna flood the market and tank the price.

So what’s the solution? They’re gonna sell to the U.S. government.

FULL REPORTING BELOW