Blockstream CEO "US Government Selling BTC, Good for Long Term"
![Blockstream CEO "US Government Selling BTC, Good for Long Term"](/content/images/size/w1200/2024/04/0_Km8EtGs-e9Frpl_j.png)
Adam Back, CEO of blockchain technology developer Blockstream and Bitcoin maximalist, said on his X (formerly Twitter) that "it's good for BTC users that the US government is selling off criminally-linked BTC that it has seized, and printing more dollars in the future." "The government will certainly do that, especially now," he added. It was previously reported that the US Department of Justice's (DOJ) Silk Road seized funds holding wallet transferred 2,000 BTC to Coinbase.