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but but but but ORANGE MAN BAD!!!! HORROR. ORANGE MAN KEPT HIS PROMISE. HORROR!.. all those rage sellers who are confused.
The key words here are 'PROMISES MADE, PROMISES KEPT'. The grifter-in-chief conned the crypto community into providing financial support & votes before the election, made a few extra billion by pumping and dumping his own shitcoins, and is now done with you. He'll tell you he kept his promise and you should grovel at his feet in gratitude, but he is done with you, at least until he finds a way to 'acquire' your Bitcoin without paying for it.
Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve. The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime. It is estimated that the U.S. government owns about 200,000 bitcoin; however, there has never been a complete audit. The E.O. directs a full accounting of the federal government’s digital asset holdings. The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called “digital gold.” Premature sales of bitcoin have already cost U.S. taxpayers over $17 billion in lost value. Now the federal government will have a strategy to maximize the value of its holdings. The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies have no incremental costs on American taxpayers. IN ADDITION, the Executive Order establishes a U.S. Digital Asset Stockpile, consisting of digital assets other than bitcoin forfeited in criminal or civil proceedings. The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings. The purpose of the Stockpile is responsible stewardship of the government’s digital assets under the Treasury Department. PROMISES MADE, PROMISES KEPT President Trump promised to create a Strategic Bitcoin Reserve and Digital Asset Stockpile. Those promises have been kept. This Executive Order underscores President Trump’s commitment to making the U.S. the “crypto capital of the world.” I want to thank the President for his leadership and vision in supporting this cutting-edge technology and for his rapid execution in supporting the digital asset industry. His administration is truly moving at “tech speed.” I also want to thank the President’s Working Group on Digital Asset Markets — especially Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick — for their help and support in getting this done. Finally Bo Hines played a critical role as Executive Director of our Working Group.
Sure, I don't see the other answers clear it up. Mark sold broadcast.com in Feb 1999 for $5.7B isch to Yahoo. Problem was it was in Yahoo stock. Mark was uncertain the stock would hold, smelling a bubble, since someone just gave him 500x what his company was worth just 4 years prior. So he said, look, if I have $2.5B FOR SURE, it's better than having 5 that could tank to 500M overnight or worse. So he made a short position of Yahoo stocks, I think by leveraging his stock for cash to make the short, essentially betting against himself for half his position. If Yahoo stock goes up, he has $2.5B, if it crashes to zero, he also has $2.5B via the short position. Yahoo crashed 96% (iirc, a lot) in late 1999 or early 2000 in the dotcom boom crash - Mark KEPT his money, or half or it. Had he NOT "shorted himself" (basically), he would have been either down to $200M or having to wait for many years for it to come up again. He then used the $2.5B to buy the Mavericks and the rest is NBA history and then he plays Angel investor for fun and has CostPlusDrugs company too.
Or... and hear me out. You could have NOT KEPT YOUR FUCKING COINS ON AN EXCHANGE. FFS.
What keeps me safe: - Hardware wallet for everything that can be stored in a hardware wallet - I assume everyone contacting me out of the blue unprompted is a scammer until proven otherwise. - I use a security key (yubi key) on everything I can. Email, CEXs ect ect. - All passwords and seeds are WRITTEN DOWN ON A PIECE OF PAPER, NOT STORED ANYWHERE DIGITALLY. I respect WRITTEN DOWN AND KEPT IN A SAFE PLACE. NEVER SHARED WITH ANYONE ELSE. To be secure in this space you have to sacrifice convenience. Yes it’s annoying to do all of these extra steps. Yes it’s much easier to just copy and paste seeds or use password managers. But those extra steps are what stands between you keeping your coins and potentially losing everything.