[poniko]

It's really not a bull case for crypto that the strategic reserve is just a holder of confiscated illegal coins. Ie it's not a big push to pump the price and demand that many was hoping for. Bitcoin is still flat on the news ..

[austin-cheney]

Yes, the article mentioned the declining asset value following this executive action. Even still I would have far more faith in this concept if the confiscated coins were exchanged for fiat shortly after confiscation to drive down asset value over time.