Bitcoin Forum

We all know the US gov rules, dictate to rest of the world.
So if they cornered the btc market, afterwards the btc price could only go up, factor with this  a few btc friendly directives, and a massive coup would have been achieved.
What is the downside?

For all we know, they might have btc stash in place already. Maybe some of their government officials already have and silent about it.

Maybe they believe in their USD so much and buying so much on the open market would raise questions and weaken the dollar even more.

The same reason why companies don't buy competing products in bulk even if they could. They prefer to buy out the whole company or find other ways to get rid of the competition.

To outsiders, bitcoin is a risky investment. To a lot of insiders too, they're happy scalping than holding large amounts of bitcoin just in case we go to 0 tomorrow.

First World governments have the power to buy a lot of bitcoin, but a similar power to crash it to zero tomorrow... If the US government openly buys into it, what stops the Russian or Chinese governments from crashing it and starting a monetary war?

US doesnt want to lose reserve currency status, buying a bunch of bitcoin would only reinforce its value to the rest of the world.

The countries with low value currencies or on sanctions from US markets are far more likely to buy a lot of bitcoin and increase the strength of their currency. China, Russia, Turkey, Iran or India have all bought gold recently to show value/stability of their printed currency, even if it isn't backed.

Give it time, one of the Fiat currencies will eventually announce that they have bitcoin then its going to be a mess when others start buying. There is a LOT of upside to the first mover on this, I highly doubt US would be that mover though when others want their reserve currency status.

Because that's not how the US government works... The US isn't like Russia, it's a democracy. Even if you put regulations and democracy aside, it would likely start a worldwide crypto war which wouldn't be good. Plus, Bitcoin is not backed by any real value whatsoever, which is the inherent risk of it all.

Russia isn't but US is a democracy lmaooo

You should go read about Bitcoin again and this time try to understand it.

The US doesn't want bitcoins because they can't charge taxes with it

the US government fears the crypto world will threaten every government structure.  the good news is, even though crypto gets a lot of pressure from many parties, and the new news is the US government forbids Libra, but the crypto world will not die.  in the future there will be many people who realize that crypto will be the main place and miners will create a universal belief that BTC can damage US hegemony.

What would they have to gain from this? You already said the US government holds all the power, so what does it matter if they put a trillion in and turn it into 2 or 3 trillion? Not like that would even make a dent in the national debt. Just doesn't make sense to do.

I don't see any reason why the US will buy a trillion worth of BTC. Just to have the power over the BTC market? Is that what you mean? And they are to go friendly to BTC as well. And then a coup would ensue. That would be the best thing to happen to us. But it would be a suicide to the government. The true rulers of the world, the billionaire bankers, would see to it that the government will not do anything stupid about this issue. Otherwise, government positions and even life could lose.

Once the rest of the world starts to figure out what's happening (and there's guaranteed to be a leak somewhere), everyone else will dump, and the US Government will be 1 trillion short. Sure the gains could be pretty massive, but is still disproportionate with the risks. Remember, it's the people's money they're spending.

It is possible that already have a stash of bitcoins stored away safely, who knows?? US government is not bound to disclose that to anybody! I won't be surprised if Donald Turmp himself owns few hundred of it! After all, he is a businessman!

However, there is no assurity that bitcoin price will only go up! There's no one in this world who can predict that for sure, not even Satoshi himself/themselves! It's purely speculation even if someone claims the same!

They cannot do that unless they know who satoshi is, we're talking trillion dollars here means a huge amount of money will be at risk. Because Bitcoin is still young Investment method not even reached 20 years of history so if you really want to invest a huge amount of money to this kind of thing then investing a small amount will do.

But I think there are some US government Officials that already invest in bitcoin because they need to If they want to hide their assets and make it private to the other people.

It's risky for them and also they don't endorse it for the meanwhile. Just one endorsement coming from them then most of the people of the world will start buying after getting the directive that buying bitcoin should be fine.

And in result of that, the price would shoot up and they don't even have to buy it. We are on speculative market and every word that they say or other countries that can be powerful as them can do both. We don't even know if they are already secretly buying and saving.

I think they already buy a lot of bitcoin in the last few months ago because they see a good chance to buy as much bitcoin as they can. But they can do whatever they want because they have the power to spread any words to the public and many people will listen to them. But I don't think that it will stay for a long time because people now become smart and they will filter the bad news and don't attract to be panic because of one news.

because bitcoin algorithm is Proof of Work not Proof of Stake aka proof of how much money you have to control the network with more of it! and in proof of work you don't gain any advantage by holding a lot of "shares".
because the market is not something you can control by having a lot of bitcoin. you can cause drama in it but it will be only temporary.
because it will cost a lot of money to get in at this point and start buying a ton of bitcoin not to mention that doing so will shoot the price ridiculously high since the market is still not that big.
because there are lots of easier ways to mess with bitcoin market and its price than to buy it!
because there is no point in messing with the price, government don't care if bitcoin is worth $1 or $1 trillion since bitcoin would do what it is doing at any price.

They already can't afford social security for its own citizens, I don't think they can afford to go on a shopping spree.

It will be my best wet dream for the govt to buy all the bitcoin, all the crypto from the open market, buying is not the only choice they have, they can confiscate, taxing your crypto, ban it, regulate it, sanction, there is just over hundreds possible way to get their hand on it, buying is just one of the worst they could do, what gold buying binge is one completely isolated case.

The answer is very simple:
 1 trillion worth of Bitcoin = 1000*10^9  USD = 10^12 USD
 Today the bitcoin price is 9537 USD/1 Bitcoin, that is the US gov would have to buy approx 104 854 776 Bitcoins. :)

There will be 21 000 000 Bitcoins in the year 2140. Now there are approx 17 500 000 Bitcoins in this world.

not really. of course many countries specially in Europe are following US like sheep but not the rest of the world and not in everything.

then question is why? what is gained by controlling the decentralized market of the most decentralized currency in the world that can not be controlled and would cost billions of dollars of tax payers money?
your conspiracy theories should always have some explanation for effort versus reward relationship otherwise you are just throwing random thought at us.

I see no reason why the US government will want to own all bitcoins, it just does not  make any sense.
And the US government do not dictate what goes on in the world as you claim, they are of course a world power, but there are others and they definitely cannot dictate things unopposed.

Cryptocurrency obviously poses a bit of a threat to fiat currencies and government, but trying to buy it all out is definitely not in their plans.

I don't think the US government will buy bitcoin, you already know that they want to dominate the world, and they want dollar to be the main currency in the world, if they buy bitcoin, the prestige of bitcoin will rise, prices and the bitcoin market will rise and exceed dollar itself.

It's like surrendering their authority to a decentralized project like Bitcoin, who would believe them anymore if they say something negative bad and give warnings to these Cryptocurrencies if they are holding trillions of it, maybe some officials are now holding it, but they do not want to be exposed holding or trading Cryptocurrencies.

To make it clear for you, your question is similar of this: Why don't US government buy all business that's in USA? They can buy google, twitter, facebook, walmart, intel, ibm and etc, as much as possible or just take rule that every business must be in government's hand and people must be slaves. Any logic here? Or in your words? There aren't the silliest people in governments, they won't do that for a lot, a lot of reasons. At first they don't need it, secondly - it's risky and result will be chaos because that fact won't be hidden.

they them self will crash the usd and its will crash all other paper money,

in other words taxis hate uber suddnely they will left their taxi and go to uber ..


so funny situation

It's a simple question with various possible answers. I think it's a combination of factors.
1. USD is a part of national identity, as well as a symbol of power and stability in the US. Like Trump said, for him, there's only one greatest coin, and it's the USD. If the US decides to go for Bitcoin so hard, people might actually feel more anxious, thinking that something must be terribly wrong with the dollar if the US is being so desperate.
2. USD actually IS the most powerful currency, and it's used all over the world by way more people than Bitcoin is. So why bother with something so small and barely known?
3. Bitcoin is always a risky investment, and it's also highly volatile which can be very stressful for many people, whereas the US is rather deeply conservative in investment matters. They just don't want to take the risks, and why would they if they are already the most powerful state in the world?

I can not very well trust the US government not to secretly have bitcoin in their private reserve. You really don't expect the US government to start promoting BTC over the USD now, this will make a lot of nations to question the future of the USD even if they already know there is a disaster ahead.

Do you think that the tax payers money could be used to invest in bitcoin just like that, there is a budget for what their funds are being allocated, no one can stop any corporate or a billionaire to invest in any form of investment but no elected government can take decisions just like that when it comes to investing in any financial market. So this is a movie script kind of scenario and it cannot be a reality in any way possible :P.

I doubt the US gov would do that on an institutional level, even if some officials do it privately.

I believe, if any country, one of those small ultra rich Arab countries will make the move to "diversify" their already huge reserves. Those with the most money have the least to lose and the most to gain from "diversifying a bit" their portfolio.

As for the USA, make sure you study it. Its a federal republic, it may have some democratic elements but its not a democracy, and its not like they care or are wrong by choosing that way, it certainly worked in a time where everything around them was monarchies.

It certainly did better than the garbage "president is omnipotent" system over here...

They could theoretically attempt to sabotage bitcoin by covertly acquiring so of much of it (with tax-payers money or just mint more fiats) but will just make bitcoin much more valuable- less amount in circulation. The beauty of bitcoin is that, the quantity in supply does not really matter as long as people are willing to use it.

I agree with your opinion. US has their belief in USD rather than in bitcoin. It is more stable and purposeful to use us dollar because it is fiat and tangible. Unlike with bitcoin, we will use internet in order to buy using bitcoin. Anyway, there are no competition in this because I know that they are both using in USA.

they don't have money to buy?, if they want need multi rules and asking to senat then need to revition budget on 2019.
The goverment have plan to buy on 2020 and make drafting budget begin from now tor buy on 2020

What they can do is corner the mining segment of bitcoin (and all mineable crypto) with gov't owned nuclear and hydroelectric power.   It only takes a few moves by pioneering state level gov't officials to bring that about, it doesn't even have to be on the federal level.

The real question is, why would they buy such a high amount of bitcoins? it makes no sense, they are totally the opposite of what bitcoin is supposed to be. So it would be a waste of money for them, there is nothing more to explain.

Bitcoin is not backed by any real value, that's a fact. The US dollar is backed by the government. The US is a democracy that's a fact (you could argue more of a republic but that's irrelevant here). I don't really understand what you are trying to say? Are you 12 years old?

Are they even not a participant in the bitcoin market? I mean, who knows, they might already have a role in the marketing of bitcoin. And with Trump's statements against bitcoin and other cryptocurrencies, there might really be something we don't know yet. All we can do for now is to listen to speculations until one day, a revelation happens.

On the other hand, the downside of it is that the rotation of the supply of btc in the market might become stagnant if ever the US government bought a huge amount of btc. This will greatly affect the value of this asset if they hold it for a long time (Law of Supply and Demand).

Just to take control of bitcoin, I don't think buying trillion worth of it will be the answer to it. On the first place, bitcoin is too risky, no one knows what may happen in the future, although they can manipulate it's price if they were to buy bitcoin, still there may be chances that it will fall to zero, also there might be competition from different countries to arise if they learned that US bought trillions worth of bitcoin, this may lead to unnecessary decisions that may turn to war. Lastly, the US government don't believe in bitcoin, even if they may see its potential, still buying trillions worth of bitcoin is just too much.

If ever they will buy trillions worth of btc and if they will only hodl it i dont think that the price will still fall . in short they were already in  control of the value .

No one will know that the u.s buys a boat load of btc if they wont pubicitize it  . they can use aliases or dummy account to purchase btc and they wont be traced  but i ever they will tell everyone that will buy btc , what you are saying can surely happen  .

       It is very impossible for them because US government didn't support crypto industry so what the purpose of buying bitcoin which is not usable to them , maybe when time comes that they'll accept BTC as payment any form like taxes or else .

First, the US doesn't rule the world, it tries to influence things, but ultimately countries still do whatever they want.

Second, it's the same reason why it's risky for anyone to pump a huge amount of money into BTC - sudden surge will trigger massive selling and the price will end up lower. If they would buy, it will be with smaller amount over longer periods of time, on OTC markets.

Third, it's still risky for anyone - they can pump billions into BTC and if it will fail they'll lose it all. Governments don't like to gamble with risky investments, they prefer stable returns from something like loans. If any government will buy Bitcoin, it will only be in small amounts.

Fourth, buying a lot of Bitcoins won't give you any special power over the network, and no one can buy all Bitcoins in existence. It's a stupid idea that no one in the government even thinks about.

Uncle Sam is one of the major holders of BTC. During the operation that led to the end of the first silk road which led to the arrest of Dread Pirate Roberts, thousands of BTC was confiscated. This is just one of the numerous BTC stash that they have acquired illegally. Also major players in the government are crypto-friendly, they just haven't passed laws to recognize crypto as a legitimate medium if exchange.

US is a super power but doesnt mean that they dictate the rest of the world but we cant deny on how powerful this country is.

When it comes to the topic saying on buying a trillion worth of bitcoin,yes its possible but would they consider on proceeding if they do know the potential
risk lies ahead? For sure they arent dumb to make such move.

The US government is concerned about security by terrorism, money laundering crimes. With BTC, criminals perform money laundering and buy weapons more conveniently and safely. Or maybe the government has stored for itself a huge amount of BTC that no one knows. I think the US cannot ignore the huge profits and potentials from the digital currency, which will be drastic changes in human history.

Maybe they don't want to make this public. The US government is a big country in the world, I think they cannot ignore the lucrative piece of bitcoin. Who knows how many bitcoin they hold. However, they have not been able to accept it because security concerns about weapons laundering crimes will occur regularly.

They don't need to do that. The United States Dollar is the reserve currency of the world. Right now Bitcoin has the potential to overtake USD in this regard (although not in near future). So it is not in the best interest of the United States to give any sort of boost to Bitcoin, by spiking the exchange rates and acceptability. A large part of the influence that US wields in the world comes from the status of the USD as the trade / reserve currency. If Bitcoin takes over this role, then it is going to be detrimental to the interests of the American government. On the other hand, the government will try to protect the national currency, by attempting to limit the adoption and acceptability of decentralized cryptocurrencies.

You got the answer from the Donald Trump tweet yesterday. he just represented that the government would not support it and it said Bitcoin be used for drug transactions? and used for illegal transaction ? even though it was too old news and the news was not fully correct but that statement could make bitcoin look bad again. even myself was disappointed to find out that weet. its written in the president's account read all over the world.

But those thousands of BTC were also auctioned off, and until today you can find a few of those people bidding (and who won) who are active in Bitcoin. So uncle sam only got money from it, not BTC. Those who got it they won it cheap, so they are the real lucky ones. If I'm not mistaken Roger Ver is one of them.

United State doesn't rule the world, it tries to influence things, but ultimately countries still do whatever they want. The government of the United State is concerned about security by terrorism, money laundering crimes. With bitcoin, criminals perform money laundering and buy weapons more conveniently and safely on in the black market which is hard to determined by the governmentt. Buying a billion worth of Bitcoins won't give you any power over the network or rule the world.

I mean why will they do that? Knowing USA is a democratic country. Also, they do not want to lose too much reserves because this is what big countries do. They don't want to lose that much reserves. And I mean, if you know the nature of bitcoin then you will also know why.

US government no longer rules or dictates to the rest of the world
the times of one polar world has come to an end , lets see how the US dictate something to Iran or North Korea , not even talking about Russia or China here
they do not need to buy btc , they have a much better toy - FRS and Central banks ( well technically, Central banks are a thing on their own rather than the US government creation)
who needs bitcoins when they can print as mach money as they want , the problem is not in the money per se , the problem is to "sell" your money for resources
it is harder and harder for the US and thats why Trump is re-opening the industries and returning the businesses from abroad
they can't milk the rest of the world as much as they have been doing it after the USSR collapse

Maybe Trump is actually playing us and totally supports bitcoin and his ass is sitting on a huge heap of coins. Would be ironic wouldn't it?


Thank goodness for that. The USA government has been known to make stupid rules and laws that were not based on the needs of the people but rather the needs of the government or the need to justify something since it is used for war much like some drugs were used on the troops.

Well, it's probably one of the riskiest investments they could ever make, and they might just believe in their ow US dollar so much they don't need to. There have been theories, however, that the US government holds quite a lot of BTC from hacker funds they've recovered though.

I don't think they'd have enough money to buy 1 trillion worth of BTC as well, some of their spendings are in the low billions area and BTC is way too risky for them to put that much money in it.

Military: 600 Billion
Social Security, Unemployment & Labour: 1,200 Billion
Medicare & Health: 1,050 Billion

The more they buy, the higher the price will go. Soon they will have driven the price so high that a bunch of cheap Bitcoin tramps who happened to buy in, in 2010 and 2011 will be the new mega-rich people of the world.

8)

I don't think so, Who knows what's going on the behind of the scenario, Everything is possible to them, Not only the USA government but also other developed countries may have taken some steps regarding this issues but we are not able to know this fact. The US government is very concern about the all existing matter in the current context, they are really aware of this Bitcoin mechanism and they are always thinking about any matter before we think it. Since they are trying to dominate on this planet by hook or by crook so they may also a close observation of this blockchain system especially on the Bitcoin. but in front of the public, they are not trying to trigger it out and they are trying to ignore this issue very cleverly.

By buying a huge amount of bitcoin, they would be forced to partake in the community since owning bitcoin doesn't really help in the other natters that they manage. Besides, wasting a million, billion dollars on something you wouldn't get profit for isn't really that of a good thing. By controlling majority of the market, they wouldn't really profit cause everyone by then would know that someone is manipulating it in a huge/large scale.

A very good question, I will answer according to my capacity as an ordinary person. So maybe the answer is lacking
satisfying. But everyone is free to express an opinion, in my opinion the US government may have bought bitcoin and altcoin.
But not in large quantities and carried out in secret. As we know about them, they are very obsessed with being a country
superpower .So from Bitcoin is a major breakthrough in the world of technology that is quite interesting for them to learn it.
US Government buys bitcoin not to enjoy its main purpose profit, but rather to research bitcoin itself.
And I'm very confident that the US Government has the best technology experts who can provide input on the issue of bitcoin.

For now, government of the US is still studying everything about bitcoin including the flaws of it. We guarantee that they will take action few months from now, government are taking control with fiat currencies, and bitcoin is also a currency which they wont let passed, that's why they will move once they have a solution for the negative sides of bitcoin.

Because if they would do that, it's like they're going against on what they're saying. Just recently when Trump said something against cryptoccurency and how it could just cause criminal activities. Meaning, he doesn't support crypto so basically the government wouldn't buy bitcoin.

Imagine saying a lot of things against crypto yet you're one of those who buy bitcoin as well. They don't even promote crypto because obviously they're for fiat, the one they can control.

If the government will buy trillion worth of btc, it's like they're showing to everyone the worth of btc.

Very funny. Why do they need to spend this huge amount to purchase Bitcoins? How it is going to benefit the United States government, if they purchase an asset which poses a direct competition to the dominance of their own currency (the USD)? The US government is short of funds and that's why they sell their treasury bonds every year. The federal debt as of now stands at $20 trillion. Will they ever be stupid enough to add that debt by another one trillion? I really doubt that.

And BTW, the market capitalization of Bitcoin stands at $147 billion right now, and this includes the "lost coins". So it may not be even possible to spend $1 trillion on Bitcoin. I don't think that given the market liquidity, it will be even possible to purchase more than $1 billion worth of BTC every day.

Isn't it pretty obvious? A government, in my opinion, should not buy any Bitcoin, hoping that they could manipulate Bitcoin's price. And even if they could buy tons of it doesn't mean they should. 99% of the government's funds are from tax, thus from the citizens of the country.

If this ever happened and be realized in public(?), expect rage from people. Even rebellion or coup de ta.

Actually, this is easier said than done. Us government isn't an autonomous body which can do whatever it wants. It is directly elected by general public and therefore accountable to general public which means that they have some protocols to follow. Moreover on the hidden side governments is actually made by some clever politicians, cunning bureaucrats and wealthy industrialists. Now, investments of government and that also in such large volumes can't be hidden for long and once public it can lead to a huge dispute and disappointment among people who think btc is.a. Highly volatile and risky investment. This is the reason us government isn't doing any such thing.

They will not openly say they own or buying stash of BTC like Venezuela did but they will just keep milking those crypto projects and probably in the future will collect tax in BTC.  They could collect more BTC than buying worth trillion from US funds in the long run but they will never tell the world the list of exchanges that are backed by government.



Make sense too. I can only see the Chinese are ahead of its time already.

And why would any government do that? How would they justify to spend such huge amount of money for something that can't be part of financial system and can't benefit the country and at the same time they would need to accept the huge risk. And how would they explain that decision to people who elected them, for whar purpose they did that?
Sometimes I think that children are writing posts on this forum.

That's a foolish thing to do for a government who is well developed and powerful like the US government. USD is what they are focusing on and they don't care about bitcoin at all let's say some of the officials do have bitcoin yes that's undeniable for sure there are some who are interested in bitcoin there. USD is the one who made US government powerful so why would they shift their interest in buying bitcoins?

Yes, but the fact is we don't know if they don't care about bitcoin or not. The government doesn't have to announce to the public that they are buying bitcoin because they can buy bitcoin secretly, and no one will know. For something that will make a big profit, I am sure that they will interest in bitcoin and they will buy at a low price in a lot of amounts.

But if they don't interest in bitcoin because they cannot control it, then it doesn't stop the other governments to buy bitcoin because they are free to buy or not to buy. The government can say they don't buy bitcoin, but in off the record, they already buy from a few years ago.

US will not take the risk buying trillion worth of bitcoin without getting valuable in return. Of course they knew that bitcoin doesnt have fixed value so why? We all know US status they’re more advance and had great value with their market.

LOL.. you are right. Some of the users still live in a fool's paradise, thinking that Bitcoin is some magic wand that can make them billionaires overnight. I am a big supporter of Bitcoin, but at the same time I am not foolish enough to believe that there is no world outside BTC. Users needs to be realistic about their expectation from the Bitcoin, and unfortunately some of them don't want to do that.

Now coming to the American public spending, it can't be used to purchase cryptocurrency. Every penny of spending needs to be approved by the House, and will be audited later by independent third parties. If someone uses it for the purchase of cryptocurrency, then the media will go ballistic alleging insider trading and links with criminal organizations.

maybe they US government doesn't want to buy a lot of bitcoin because they think more of their people so no one is starving and they might be
want to build some infrastructure for the benefit of the US people because the government must consider its people rather than having to invest by buying bitcoin and they are also thinking of increasing their own currency (US dollars).

Because they don't want to take risks, they want to make passive profits without investing a cent in bitcoin

They could do some OTC trades and then probably avoid a lot of press action, but it would almost be impossible to keep any amount over 10 million private and unknown to the public.

Trump has declared they don't want anything to do with it and that's probably the main reason they don't to touch the currency.

As adoption or investment into bitcoin will eventually make US Dollars look week and drop the value of US Dollars and the US government does not want to lose it and they consider bitcoin as indirect threat to their fiat currency which any country would think,  moreover USA has been involved in some controversial  decisions to stop gold from becoming international currency to avoid any loss to USA and they will never invest in bitcoin.

i so agree, i mean, people think no matter what, bitcoin is going to turn their pennies into billions. but what people don't realize is, it's just a probability just like any other trading instrument. why would a government of such a powerful nation, spend billions and trillions on something, that has no base, no responsibility taker or whose price is so uncertain.

There are conspiracy theories that the reknowned Mr. Satoshi Nakamoto was the US government itself through the CIA. This implies that the USA have a large bag holding of bitcoin. If that is true then they have huge savings but let us not stick to that.

Lets go back to reality and the question of why the US government does not buy a trillion worth of bitcoin?


Here is the reason why. THe US government does not need to buy bitcoins because it just uses its authority to seize large amounts of bitcoin being used in illegal activities. Some of the bitcoins were auctioned and it was a trending topic years ago that 1 billion dollars worth of bitcoin was auctioned by the US government. Also we do not know how much bitcoin the US government holds since its hard to trace owners of bitcoin just by looking at the addresses.

im sure if government and maybe famous people have bitcoin. but none know about it. we never know if bank buy bitcoin too?
i dont have idea if someone or party or country buy a lot of bitcoin, for what? if they can take more profit after buy, its ok. but how if bitcoin price low and they cant take profit.

They already have bitcoin's from all the bust they did to hackers as I don't think they put all of them into an auction. Also I think they bought long time ago Bitcoin's and they simply hold it to use it a way to boost their economy or this is what I hope they will do like any other country who is holding Bitcoin and any other cryptocurrencies.

The Nakamoto conspiracy being a CIA agent is too much in my opinion as people will invent anything to draw some attention towards them with a story like that.

Right, that's very possible. Those who have a high financial level and who are behind ranks and positions in government are very likely to buy one bitcoin or even more bitcoin if they want. Those who have an investment spirit will look for bitcoin, because this commodity is very profitable. Do they save it and invest long term, it is all their free will.

I assume that they need to justify their purchases and Bitcoin is not quite cheap. Also I don't think there is enough liquidity in the market to purchase massive amount and OTC desks don't possess that kind of liquidity either. Moreover once the world sees that USA govt. started stacking Bitcoins what do you think the other countries will do? - Will follow of course and create a snowball effect sky rocketing the price of bitcoin.

Why must buy Bitcoin if they are hate about cryptocurrency?
Bitcoin is based on decentralized. So they can't control the price and also have limited supply.
Opposite with fiat they can create it as much they want, price can they control.
So they prefer to protect fiat and trying regulate cryptocurrency maybe want kill it.

They do. Buying Bitcoin would raise questions. Who agreed to it? Who is lobbying for Bitcoin in the government? Maybe those politicians don't believe in the usd? Maybe if they don't believe they know something and are trying to dump some of their paper money for digital gold?
A government buying Bitcoin is on a way to panic, hyperinflation, losing voter support, and more. Most governments that admit their fiat is doing bad try something like this. Look at Venezuela.

oh, common! who will be asking this questions and who will answer that? taking into account current life style of people, if media will tell them that government is buying bitcoin to insure national security, no one will ask questions  ;D
"national security" phrase will shut any mouth. I think the main problem - they can't take over control over it. it is just too decentralized already.
But maybe they will start their own project based on blockchain technology, like digital dollar or something like that, why not?

The US government doesn't usually "purchase" anything. On the other hand, in order to finance their budget deficit, every year they "sell" their federal debt in the form of the United States Treasury Bonds. As of now, the total federal debt of the United States stand at more than $20 trillion and most of it is owned by foreign governments and foreign citizens.

The US treasury can sanction the purchase of Bitcoins. But for that they needs to get sanctions from the lawmakers. First of all, Bitcoin needs to be classified as an asset that can be included in the Forex reserves of the United States (right now more than two-thirds of their forex reserves is made of solid gold), and that is not going to be very easy.

I don't think the U.S. doesn't see that the future of fiat money is going to be replaced by digital money. I believe that the U.S. government have a stash of Bitcoin. I think the reason they don't like Bitcoin is that they don't want Bitcoin or any other cryptocurrency to replace USD.

It's easy for any government to covertly buy Bitcoin or any other coin for that matter. They already buy all sorts of things without the public knowing. They already operate black sites and fund black ops.

They can always just create an illegal entity, let that said entity buy coins, that they then seize and can auction off.

That would be as stupid a move as the US government has ever done.

Taxpayers would revolt en masse.  Bitcoin could crash hard and then all those voters would be wondering why their government invested a shit ton of their own money in an asset notorious for its volatility.  Does that sound like it would be a smart move--by any government?

I totally get how passionate people are about bitcoin here, but really.  OP, you need to really think about these things before starting threads like this, because what you proposed would not and should not ever happen.  

Oh yeah also, a trillion dollars worth of bitcoin?  Do you know what bitcoin's market cap is?

Basically, if you will going to think about it deeply, if the US government will buy trillions of bitcoin, there will be no definite increase in its market value because the demand will be low. Through that, we can infer that the main reason why bitcoin's market value is through distribution of huge volume of bitcoin to many holders and investors, in this case, it adds demands and further increase its market value.

For security reasons and other similar factors, I don't think the US government would even make it public for the world to know even if they have huge amount of bitcoin at their disposal. Looking at the huge investment in bitcoin, I guess some  great countries have secretly  invested in bitcoin.

The US government might have acquired huge amount of bitcoin secretly or possibly buying it secretly and stashed it I am sure when a time comes the Government might want to regulate it thus control the price having a very good percentage in their kitty, doing so with the knowledge of the people will lead to discontentment and mass protest.

First and foremost, you need to know and understand that US does not dictate or rule to the rest of the world.  Secondly, the US government will never waste a trillion dollars to purchase Bitcoins worth that. All the US government is really interested in is finding a way to regulate and control the use of Bitcoin. Governments are just looking for a way to regulate the use of Bitcoin, because there is no way they can kill or destroy it. 

The government's mission is to ensure stable conditions for the economy in order to seek the common good, on the other hand, cryptocurrencies in general are decentralized and the more people involved are in a project, their safety and benefits are greater, therefore I do not believe that a large investment by a certain State is convenient.

United States isn't dictating to the entire world, but there are few countries that are supposed to do as United States suggest. If things were done against their advice they'll be given pressure from different sources, particularly breaking the economy. Few reasons I found of USA not buying trillion worth of bitcoin is due to the fear of hack, buying will make it legal and the market will devalue dollar.

the government could do like what they did with gold. Make a force sale and collect all crypto.
Yet they have to justify crypto having value first. For them to do that.
They can go to a ban situation. More less and forbid anyone from using it. and just let everyone live in poverty.

its really a complicated situation

who knows owning large amount of bitcoins?remember that we don't have idea about the wallets that exist so if they have already having some or large amount only US government can answer that
and on the other scenario,why would they do that?when this will affect their dollar value?but what even their insights on this matter the most important thing is they will not manipulate the crypto market just to favor them.because if does then thats the end of this market

   
How do you know that the USA government didn't buy and still not buying Bitcoin for the future purpose, I believe everything is happening behind the stage, A lot of things is happening but we don't even know. in terms of cryptocurrency, Sine the opposite position of both The USA and China government, but are they really on the side? I think they are taking advantage within this system, already China has got an initiative to create their own crypto which will be the digital version of Yuan but The USA still observing this platform because China is their main competitor, But the main thing is that the USA government is under pressure financially due to a huge loan to the world bank and other financial institution so they are not able to take risk anymore right now, What's going on who knows?

The government cannot spend money like that and start investing in a decentralized currency, for everything there is a process to follow and everything will be accountable, i am not sure about the procedures in third world countries but here in the west you need to follow these procedures if you are investing public funds.

You cannot spend million of funds and say it is for national security because people are not dumb :P.

I think he doesn't know how the government handles things. And what I'm surprised about is, the Media being aligned with the government(?), what is this some kind of propaganda? AFAIK, the Media usually targets the government, their allegations especially politicians (ohhh they love the drama).

So he thinks that just because the government said so would also mean the citizens would just obey and believe what they say? Huh, Unlikely.


This guy doesn't know what he's talking about. National Security huh, the government tends to not tell their operations boldly in public.

That's possible, you can control what you already have, they have the capability to do this maybe they are already doing this and they are not yet exposed, but what if they are exposed, how will the international community react to this, supporting something that they are against with
the scenario will be very bad if they are exposed, they rather make it hard for Cryptocurrency than being part or getting a hold of it, they can build a good reputation, because we all know Bitcoin and Cryptocurrency is till has conflict on the system of government  

Not sure if the price would actually go up - we could see a complete change of pace where investors would no longer be interested in crypto-currencies due to the control the US government would have.

I'd probably estimate that a lot of the people who are in bitcoin due to decentralization would pull out when the US is able to manipulate the markets, and the US wouldn't do this anyway. Don't think they even have the money to do so.