21Shares Strategy Director: The United States can increase reserves by "confiscating Bitcoin obtained from crime" and "purchasing Bitcoin with fines"
By:Cointime
On March 7th, Eliezer Ndinga, strategy director at 21Shares, stated on social media that he believes the U.S. government has two ways to increase its Bitcoin reserves. The first is by seizing Bitcoin obtained from criminal activities, such as the 174,000 Bitcoins in the Silk Road case, which would not require additional spending; the second is to use fines collected by cryptocurrency law enforcement agencies (such as the U.S. Securities and Exchange Commission/Commodity Futures Trading Commission) to purchase Bitcoin.
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