21Shares Chief Strategist: The U.S. Can Increase Reserves Through 'Bitcoin Seized from Criminal Proceeds' and 'Bitcoin Acquired Through Fines'

BlockBeats News, March 7th, according to 21Shares' Head of Strategy Eliezer Ndinga, who 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 through 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 enforcement agencies (such as the U.S. Securities and Exchange Commission/Commodity Futures Trading Commission) to purchase Bitcoin.