From Crypto Reserve: How the US Secretly Accumulates Bitcoins for a Rainy Day
#USCryptoReserve Recently, there have been rumors that somewhere in the basements of the Federal Reserve, among old safes and dusty archives, bitcoins are hidden. Yes, those very ones that were once considered 'geek coins.' It is said that in the secret storage of the Fed, there is a supercomputer that mines cryptocurrency 24/7 to save the country's economy in case of a crisis.
How it all started
One day, someone in the government realized that the dollar cannot be printed endlessly, and gold is certainly good, but you can't send it through the blockchain to China for chips. And so, somewhere between discussing the budget and choosing a new color for the $1000 bill, a plan emerged: to create the US Crypto Reserve - a secret stash of cryptocurrency in case traditional money becomes too... traditional.
How it works
According to unconfirmed reports (and we have no other), the Fed has long been buying bitcoins on exchanges, posing as ordinary traders. Imagine a person in a strict suit writing in a Telegram channel:
— 'Guys, long on 100 BTC, stop at 65K, take at 100K, shall we pump?'