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Comment by waych

Given that this strategic reserve is to be built from all the various civil and criminal asset forfeitures, and not actually buying any crypto currency, how exactly is this considered a "wealth transfer"?

This is centralizing governance of forfeited assets from across the many agencies that are currently holding wallets with no direction, into a single place: the Treasury. This seems far favorable to letting various (430+) agencies manage these valuable assets on their own where they can easily be lost, stolen, etc.

parent waych 1 year ago

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