Selloff Continues - US Government Dumping Bitcoin?

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Published 2024-06-26
The market selloff continues as the US government sends 3,940 Bitcoin to Coinbase today. Don’t they realize they’re trading something they can’t make more of for something they can create out of thin air? Today we dive into the power of long term thinking, and why decisions like this could come back to bite you.

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All Comments (21)
  • @Swan_Bitcoin
    WARNING: Beware of the scammers in the comment section that use Swan's image and name. We will never ask you to contact us through YouTube. If you have any questions and want to reach us directly follow our Twitter @SwanBitcoin and send us a message.
  • @BecamePneuma
    Buying opportunity. Never sell! God Bless Bitcoin
  • @GoFast4Me
    The Govt ABSOLUTELY knows that Bitcoin has value so the fact that they are selling scares me.
  • @deb23456
    It's actually mind-boggling to me that anyone would want to sell their Bitcoin right now. That includes governments. What are they thinking?
  • I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley
  • The government is clueless, no wonder we owe 246 trillion dollars of debt and unfunded liabilities.
  • @tan8312
    I don't think the government is allowed to keep it though. They are required to auction seized assets.
  • @dtb7872
    good, then they can't dump it later
  • @No_Diddy_TV
    Love how you add in a little bit of sports talk in your videos ❤🏀
  • The fundamentals of the bitcoin network hasn't changed the block's stll ticking ever 10 minutes and will continue to do so 2 3 years from now regardless of the price action. The network has to survive that's what matters to me the most
  • @jeffsee2631
    Ya!!! I’m one of the 4%!!! Mom always said I was unique. Buying the dip!
  • @ssm59
    I have been in the 4% for a real long time
  • With regard to the generational difference in appreciating bitcoin, the question for Swan is, what are they going to do about it? Because the over-44-yr-olds is where the big money is at. Is Swan going to wait until the big financial service firms, the ones that currently work with this group, have the desire, insight, abilities, and marketing budget to onboard them to bitcoin? Or is Swan going to go after this group now. May I humbly suggest hiring people NOW in marketing and sales that can speak to this older generation. And go after them.