David Sacks says the US may have lost over $16 billion in early liquidation of bitcoins

Show Business and Finance Publications

Mon, March 10, 2025

[ Mon, Mar 10th 2025 ]: BBC

Mark Carney wins race to become Canada's PM and vows to stand up to Trump

[ Mon, Mar 10th 2025 ]: Bernews

BELCO Opens Scholarship Program Applications

[ Mon, Mar 10th 2025 ]: TheWrap

Murdoch's Next Move: How Rupert Could Box Out His Children and Keep Control of the Fox Empire

[ Mon, Mar 10th 2025 ]: Bloomberg

Banks Race to Catch Up With EU Defense Goals in Major Reset

[ Mon, Mar 10th 2025 ]: Cryptopolitan

Investor Interest In Dogecoin (DOGE) and Cardano .. The Decline But This Token Is Seeing It Skyrocket

[ Mon, Mar 10th 2025 ]: Adweek

Flau'jae Johnson and Experian Double Team Consumer Debt in March Madness Ads

[ Mon, Mar 10th 2025 ]: Fortune

Mark Carney: Financier, banker, and Canada's new premier

[ Mon, Mar 10th 2025 ]: Mint

Why do banks keep offering you credit cards? Here's the real reason

[ Mon, Mar 10th 2025 ]: Forbes

How FICO Scores Became A Profit Machine

[ Mon, Mar 10th 2025 ]: News18

India Imposes Anti-Dumping Duty On Water Treatment Chemical From China, Japan

[ Mon, Mar 10th 2025 ]: Politico

55 Things to Know About Canada's Next Prime Minister, Mark Carney

[ Mon, Mar 10th 2025 ]: Vanguard

CBN's efforts to leverage forex stability for single digit inflation

[ Mon, Mar 10th 2025 ]: AOL

The new Trump era just got more complicated for Capital One

[ Mon, Mar 10th 2025 ]: Euronews

Ex-central banker Mark Carney to become Canada's next prime minister

[ Mon, Mar 10th 2025 ]: Zawya

Knight Frank: Dubai's office rents climb 9.1% in H2 2024 amid rising demand

[ Mon, Mar 10th 2025 ]: Insider

Meet Mark Carney, the former central banker elect .. nister Justin Trudeau in the thick of tariff talk

[ Mon, Mar 10th 2025 ]: Reuters

BRICS' climate leadership aims hang on healing deep divides

[ Mon, Mar 10th 2025 ]: Firstpost

Canada's new PM: Mark Carney set to take the helm amid trade war and election frenzy

Sun, March 9, 2025

[ Sun, Mar 09th 2025 ]: CNA

Japan posts current account deficit for first time in 2 years

[ Sun, Mar 09th 2025 ]: Oneindia

Mark Carney Wins Canada's Liberal Leadership, All Set To Succeed Trudeau As Prime Minister

[ Sun, Mar 09th 2025 ]: Week99er

4 Best Cryptos To Invest In March 2025: Unlock 10x Returns with These Hidden Gems

[ Sun, Mar 09th 2025 ]: Bernews

Premier Speaking At SXSW Conference In Texas

[ Sun, Mar 09th 2025 ]: WJTV

Ghost preparers and spear phishing: Here's the tax scams to avoid

[ Sun, Mar 09th 2025 ]: Cryptopolitan

Trump and Elon Musk's D.O.G.E find $333M in federal loans to 110+ year olds

[ Sun, Mar 09th 2025 ]: Newsweek

GOP's Rick Scott Confronted on 'Disturbance' From Trump Economic Policies

[ Sun, Mar 09th 2025 ]: BusinessTech

Godongwana reveals the budget item causing VAT hike chaos in South Africa

[ Sun, Mar 09th 2025 ]: Benzinga

Warren Buffett on Debt and Donald Trump's Money Moves: Trump 'Never Went Right'

[ Sun, Mar 09th 2025 ]: who13

Influencers have trouble figuring out their tax obligations, here's why

[ Sun, Mar 09th 2025 ]: Kiplinger

You Don't Want to Retire in Portugal: Here Are Three Tax Reasons Why

[ Sun, Mar 09th 2025 ]: Fortune

Why jeweler Kendra Scott is winning affordable lu .. open dozens of stores while others are downsizing

[ Sun, Mar 09th 2025 ]: Mint

The rise of 'agentic AI': Why data scientists and software developers should be worried

[ Sun, Mar 09th 2025 ]: AOL

Meet the defense giants that will rearm Europe as the EU eyes a massive military buildup

[ Sun, Mar 09th 2025 ]: Truthout

The US Is Undergoing a Corporate Coup. Sudan Shows How Dangerous It Can Become.

[ Sun, Mar 09th 2025 ]: Moneycontrol

Microsoft announces new sales AI agents, AI Accelerator for Sales: Key details

[ Sun, Mar 09th 2025 ]: Insider

I had a verbal agreement to rent my son's condo u .. irst, and his wife wants the money. What do I do?

[ Sun, Mar 09th 2025 ]: IDLProcycling

Vingegaard starts Paris-Nice with a new helmet an .. ice himself for Jorgenson: "I'm not that selfish"

[ Sun, Mar 09th 2025 ]: CNET

PSA: The Longer You Wait To File Your Taxes Online, The More You'll Pay

[ Sun, Mar 09th 2025 ]: MyJoyOnline

Finance Minister to present 2025 budget on March 11

[ Sun, Mar 09th 2025 ]: Bloomberg

Bankers Race to Catch Up With EU Defense Goals in Stunning Reset

[ Sun, Mar 09th 2025 ]: Zawya

Madinet Masr reports results for FY 2024

[ Sun, Mar 09th 2025 ]: News18

Tata Capital IPO: Company To File Draft Papers After NCLT Approval Of Tata Motors Finance Merger

[ Sun, Mar 09th 2025 ]: GOBankingRates

6 of the Most Expensive Items at Kohl's in March

[ Sun, Mar 09th 2025 ]: Euronews

Where in Europe are women most willing to start their own business?

[ Sun, Mar 09th 2025 ]: CNBC

Activist Spectrum Entrepreneurial has a stake in Landis+Gyr, and it may be poised to build value

[ Sun, Mar 09th 2025 ]: Quartz

Walmart and Warren Buffett on tariffs, a Target boycott, Starbucks layoffs: Business news roundup

[ Sun, Mar 09th 2025 ]: Mashable

Best tax credits for small business owners filing this year

[ Sun, Mar 09th 2025 ]: MSN

Locals gather for Small Business Expo in Trumbull County

[ Sun, Mar 09th 2025 ]: WION

From Slums to Startups: The Inspiring Ascent of Indian Women Entrepreneurs

David Sacks says the US may have lost over $16 billion in early liquidation of bitcoins

//business-finance.news-articles.net/content/202 .. 16-billion-in-early-liquidation-of-bitcoins.html

Published in Business and Finance on Sunday, March 9th 2025 at 16:20 GMT by Insider

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source
🞛 This publication contains potentially derogatory content such as foul language or violent themes

David Sacks, a notable figure in Silicon Valley and co-founder of PayPal, has criticized the U.S. federal government for missing out on significant revenue by not embracing Bitcoin early on. In a recent discussion, Sacks highlighted that if the government had adopted Bitcoin as a reserve asset when it was first proposed, it could have benefited from the cryptocurrency's dramatic rise in value. He pointed out that instead of selling Bitcoin seized from the Silk Road in 2014 for about $1,000 per coin, if the government had held onto it, those Bitcoins would now be worth billions given Bitcoin's current market value. Sacks argues that this oversight represents a missed opportunity for the government to bolster its financial reserves, especially in light of the growing acceptance and institutional interest in cryptocurrencies.

Read the Full Insider Article at:
[ https://www.businessinsider.com/david-sacks-federal-government-lost-early-sales-bitcoin-crypto-reserve-2025-3 ]