This despite the fact that the new administration coming in has already vowed that they are not only going to create a federal Bitcoin reserve, but also pardon Ross Ulbricht for his "crimes".
The sheep fears the wolf but inevitably gets eaten by the shepherd.

Granted I know nothing of how this stuff operates but I know a whole lot about how Trump operates, and the likes of Vivek, and now how Elon really feels about the average American and could give two fucks.
So I read an article a few weeks ago on Trump's intent to build a bitcoin reserve. They had experts chime in on the prospects of that, and basically they said a reserve is just that, a reserve, and there's really nothing they can do with it. I think I saved the article, I'll have to look tomorrow. The big question in my mind was why build a reserve of something you can't do anything with. The only answer I could come up with after having seen how many experts they have coming in to possible set up a crypto system with regulations is that if that system doesn't have anything to do with using Bitcoin, it would be to drop that reserve onto the market and crash Bitcoin down to being near useless, where they'd obviously want it at that point especially if it was created and intended, or even scapegoated for a test system of how digital transition currency would perform before a global adoption of a digital currency. Bitcoin as it functions is to cumbersome for global adoption. Maybe the mechanisms in place wouldn't be for a regional currency, but globally it would be to burdensome.
Like I said I have no experience in the Bitcoin market, though you'd like to think they have your best interest at heart, that simply hasn't proven true. This type of pump and dump is how Vivek made his billions, and it's DARPA that controls bioweapon level 4 labs, Trump that gave ten times more than any other president to Eco Health Alliance of which over twenty six million of that went to DARPA before it went onto EHA pockets. Thiel and Musk are DARPA. Vivek? He bought the patent technology for the LNP that went into the covid vaccine that big pharma sold him after it failed studies, and, like I stated, he made his money by shielding his shares of money behind his company Roivent while investors into failed "rebrandings" of patents he bought off big pharma lost millions. Trump is your shepherd, he'll gladly eat people up for the right amount of money. I mean really dude, protect yourself and just keep those thoughts in the back of your mind as you traverse this new reality, don't let the joy of it blind you to their nefarious ways. I am not saying any of this would happen, just they have a track record of deception. This is a guy, who, after all, is about to be inaugurated, going to throw a billionaires ball while out today asking his supporters to send him money as they just convicted him, he'll take everything away from them plus some, just keep your eyes wide open.