U.S. may hold more Bitcoin than reported, Francis Pouliot suggests
@francispouliot_: U.S. may hold more Bitcoin
Francis Pouliot, a notable figure in the cryptocurrency industry, has raised suspicions about the extent of Bitcoin holdings allegedly in the possession of the U.S. government.
According to Pouliot's recent remarks on social media, while the U.S. Marshals are known to control approximately 30,000 Bitcoin, the actual amount held across various U.S. agencies could potentially be much larger. If accurate, Pouliot argues that a greater distribution of Bitcoin holdings outside of government control would be advantageous for the cryptocurrency.
As Bitcoin enthusiasts continue to speculate on governmental holdings, the implications on the market could be significant, either fortifying or destabilizing investor confidence.
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Questions regarding the transparency of government-held Bitcoin are not unfamiliar to the industry, especially given Francis Pouliot's consistent scrutiny of institutional involvement in cryptocurrency. His earlier position, distancing himself from associations with purported Bitcoin treasury companies, underscores a broader skepticism about centralized actors within the network. At the same time, Pouliot’s acknowledgement of milestones like the Bull Bitcoin debut on Freedom Store illustrates how decentralized adoption remains pivotal as the regulatory landscape continues to evolve.
In the previous news, tweet author Francis Pouliot discussed Bitcoin's institutional adoption trends.
