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?
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?
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).