It wouldnt be the government, but more towards banks thats have ties with private networks between companies.
Companies that have access to large transactions doing insider deals can take place. Eg: Coinbase
Instead of a bank getting involved, they have friends who place their money into a VC firm, which then funds the start ups like coinbase. They play both sides of this game, it was never a competition since thats an illusion for most.
They play to win, not to lose. Its a zero sum game, 1 way bets.
Topic: How many bitcoins do governments and central banks own? (Read 2657 times)
I dont think they own a single bitcoin. If a central bank buys something you would see obvious clues about that.
A central bank doesnt buy 1000$ worth of bitcoins, they buy them in billion $ quantities.
If they would be serious then the bitcoin market cap now would be like 1 trillion $ of which 98% would be from central banks.
If they are not serious , then they dont buy a single one because they got other things to worry about.
A central bank doesnt buy 1000$ worth of bitcoins, they buy them in billion $ quantities.
If they would be serious then the bitcoin market cap now would be like 1 trillion $ of which 98% would be from central banks.
If they are not serious , then they dont buy a single one because they got other things to worry about.
Central banks/governments do not have to buy bitcoins.
Seized bitcoins (like Silk Road bitcoins) are included in their kitty too.
In the future, if governments allow payments for services through bitcoins (there is already some talk regarding this), their holdings will increase.
They already auctioned those coins, so i dont think they hold them. Besides that was a law enforcement agency holding the coins and not the treasury.
There is a difference between coins held as evidence in a crime, or coins held in a treasury account which then can be used for spending or who knows what.
In the future, if governments allow payments for services through bitcoins (there is already some talk regarding this), their holdings will increase.
Only if they decide to keep a balance in bitcoins...
they don't need it, they are already rich, they can print useless money all days, this is why they are not interested in bitcoin
the only bitcoin they will ever have are those confiscated, and then used for various auctions
In the future, if governments allow payments for services through bitcoins (there is already some talk regarding this), their holdings will increase.
Only if they decide to keep a balance in bitcoins...
Yup. Since most governments run a deficit, it will only be rich governments which do this. If Bitcoin becomes some kind of a reserve currency, then most central banks will tend to hoard it.
The ones they have publicly admitted to having (Dark market coins) have been sold off I believe. That isn't to say they might have stashes of coins out of public view.
In the future, if governments allow payments for services through bitcoins (there is already some talk regarding this), their holdings will increase.
Only if they decide to keep a balance in bitcoins...
I dont think they own a single bitcoin. If a central bank buys something you would see obvious clues about that.
A central bank doesnt buy 1000$ worth of bitcoins, they buy them in billion $ quantities.
If they would be serious then the bitcoin market cap now would be like 1 trillion $ of which 98% would be from central banks.
If they are not serious , then they dont buy a single one because they got other things to worry about.
A central bank doesnt buy 1000$ worth of bitcoins, they buy them in billion $ quantities.
If they would be serious then the bitcoin market cap now would be like 1 trillion $ of which 98% would be from central banks.
If they are not serious , then they dont buy a single one because they got other things to worry about.
Central banks/governments do not have to buy bitcoins.
Seized bitcoins (like Silk Road bitcoins) are included in their kitty too.
In the future, if governments allow payments for services through bitcoins (there is already some talk regarding this), their holdings will increase.
I guess central banks and private banks only own bitcoins for research matters so far.
They released some research papers or announced to develope own blockchain-based coins:
http://www.coindesk.com/european-central-bank-digital-currencies-inherently-unstable/
http://www.coindesk.com/ubs-to-research-blockchain-technology-in-london-lab/
They released some research papers or announced to develope own blockchain-based coins:
http://www.coindesk.com/european-central-bank-digital-currencies-inherently-unstable/
http://www.coindesk.com/ubs-to-research-blockchain-technology-in-london-lab/
No one can know that unless they talk it out.
Yeah I think its impossible to know, unless they make the mistake of making an address public that is linked to something gov related then we could keep track of it on the blockchain lol.
I dont think they own a single bitcoin. If a central bank buys something you would see obvious clues about that.
A central bank doesnt buy 1000$ worth of bitcoins, they buy them in billion $ quantities.
If they would be serious then the bitcoin market cap now would be like 1 trillion $ of which 98% would be from central banks.
If they are not serious , then they dont buy a single one because they got other things to worry about.
A central bank doesnt buy 1000$ worth of bitcoins, they buy them in billion $ quantities.
If they would be serious then the bitcoin market cap now would be like 1 trillion $ of which 98% would be from central banks.
If they are not serious , then they dont buy a single one because they got other things to worry about.
No one can know that unless they talk it out.
let's ask them because no one can answer your question except them
I think noone can know that because Bitcoin is anonymous unless they announced that
be careful what you wish for 
Quote
...
Alternatively, it can attempt to exercise direct control over digital
currencies by offering them a form of quasi-membership status, where increased
legitimacy is traded for Bitcoin users' business.
...
Alternatively, it can attempt to exercise direct control over digital
currencies by offering them a form of quasi-membership status, where increased
legitimacy is traded for Bitcoin users' business.
...
I'm utterly curious as to whom they are going to offer a membership status in the IMF. Who are those "them" actually, all bitcoin holders taken together and separately, or just miners alone? Why would anyone in their right mind want to have anything to do with this International Misery Fund?
Sounds like a job for the Bitcoin Foundation?
Isn't that their mission, to sell us out to the global elite, while paying the developers to make "approved upgrades"?
Your "approved upgrades" sounds a bit scary to me. Moreover, if they are really going to offer a membership status in the IMF to the Bitcoin Foundation, this most certainly means they aim to get control over Bitcoin through the Foundation, but since the latter has no control over the blockchain, why would they in the first place?
be careful what you wish for
Quote
...
Alternatively, it can attempt to exercise direct control over digital
currencies by offering them a form of quasi-membership status, where increased
legitimacy is traded for Bitcoin users' business.
...
Alternatively, it can attempt to exercise direct control over digital
currencies by offering them a form of quasi-membership status, where increased
legitimacy is traded for Bitcoin users' business.
...
I'm utterly curious as to whom they are going to offer a membership status in the IMF. Who are those "them" actually, all bitcoin holders taken together and separately, or just miners alone? Why would anyone in their right mind want to have anything to do with this International Misery Fund?
Sounds like a job for the Bitcoin Foundation?
Isn't that their mission, to sell us out to the global elite, while paying the developers to make "approved upgrades"?
It's all depends on fiat money's status, in US very unlikely due to super strength of USD. But in some other countries it is not so certain if the government would like to have some bitcoin as foreign currency reserve, if they are able to handle the technical details of bitcoin of course.
It can be used as a tool to overcome the capital control by banks
It can be used as a tool to overcome the capital control by banks
I know that the FBI holds the most amount of bitcoin in the world, at aournd liek 100000 bitcoins
AFAIK the U.S. government seized 173,991, but sold 30k of that in June 2014, 50k in December 2014 and 50k in March 2015
~43,991 Bitcoins should be remaining from SR, of course their stash could grow again, if people continue to do stupid things (other SR-like markets, unregistered brokers/dealers, etc.)
I am sure that the banks that are getting involved with crypto currency have their own stock of it, for normal bank like purposes.
It's highly unlikely that any bank keeps Bitcoins directly as a part of their assets - if they want to get involved they will acquire shares in Bitcoin companies or licensed Bitcoin funds
I know that the FBI holds the most amount of bitcoin in the world, at aournd liek 100000 bitcoins, but that is from raids on the deep web and silk road and all of those types of sites. I am sure that the banks that are getting involved with crypto currency have their own stock of it, for normal bank like purposes. I am sure i total, the U.S governmant and banks combined may have a little under 500k.
I believe that the banks will not only want to but have to get into the game on Bitcoin and other crypto-currencies... – it’s just a question of time
i don't think they own a single satoshi beside the seized coins that they have sold or are going to sell.
regarding banks. they are interested in the blockchain. not really in bitcoin.
regarding banks. they are interested in the blockchain. not really in bitcoin.
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