Coinbase CEO: Strategic Bitcoin Reserve Will Be Fair, Orderly, Won’t Cost Taxpayers Anything

EXCERPT:

ARMSTRONG: “I wouldn’t really agree with that as a criticism. I think that it’s smart the way that they did it in a budget-neutral way, you know, otherwise I think it would just raise questions about where that’s coming from. But, you know, I thought they were very smart the way they landed it. And in addition to that, the crypto strategic stockpile, you know, they said we’re not going to get going out and buying these. But if the U.S. government comes into possession of those through some other mechanism, they’re going to hold on to it. And so, I think they’re just reinforcing that this is a neutral process, it’s Bitcoin focused, and it’s going to be fair and orderly and not cost the U.S. taxpayer anything.”