U.S. Treasury Secretary Marks Anniversary, Needles Democrats
Treasury Secretary Scott Bessent praised Bitcoin's resilience on its white paper anniversary, contrasting it with government gridlock.Summary
U.S. Treasury Secretary Scott Bessent marked the 17th anniversary of the Bitcoin white paper by praising the network's resilience, stating it "never shuts down," while taking a jab at Senate Democrats amid a federal government shutdown. This comment serves as both a policy signal and a partisan critique, contrasting Bitcoin's continuous operation since 2009 with Congressional inaction on fiscal appropriations. Bessent's recent messaging has been crypto-forward, previously calling stablecoins a "revolution in digital finance" and suggesting forfeited Bitcoin could seed a Strategic Bitcoin Reserve. The post generated mixed reactions in the crypto community, with some pressing for policy action like acquisitions, while technical purists debated the network's current resilience. The timing highlights Bessent's intent to keep digital assets central to policy discussions, especially when Congress is gridlocked.
(Source：CoinDesk)