Simply Bitcoin SHOCKING: Did America JUST DUMP 170,000 Bitcoin?! | EP 1290
Jul 17, 2025
Independent journalist L0la L33tz reveals shocking findings about America's Bitcoin holdings, suggesting a dramatic sell-off of 170,000 Bitcoins. The discussion raises concerns about government transparency and its implications for U.S. financial strategy against competitors like China. The podcast also covers the increasing acceptance of Bitcoin by influential entities, including a U.S. ambassador, and explores its potential role in mortgage assessments for young homebuyers. Additionally, the importance of self-custody and innovative storage solutions are emphasized.
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US Bitcoin Holdings Underestimated
- The US reportedly holds far less Bitcoin than publicly believed, sparking concerns over transparency.
- If America sold 170,000 Bitcoin, the price holding at $120,000 is surprisingly bullish.
Seized vs Forfeited Bitcoin Confusion
- The discrepancy in US Bitcoin holdings is due to confusion between seized and forfeited assets.
- This means the public estimate of US Bitcoin reserves is likely inaccurate.
El Salvador's Bitcoin Transparency Effect
- El Salvador’s transparent Bitcoin holdings demonstrate the impact of public accountability.
- Their Bitcoin adoption correlates with a massive drop in crime and increased national safety.