No, the Dutch government isn't creating a strategic bitcoin reserve
This morning, bitcoin (BTC) investors cheered news of a supposed plan by Dutch lawmakers to authorize the creation of a strategic bitcoin reserve (SBR). Unfortunately, the post on X quickly earned a community note, putting an end to the excitement. “They are not. It is just a proposal,” someone commented, noting that the man speaking doesn’t speak on behalf of the legislature of the Netherlands. “This is an old video. And everyone voted against it,” someone else commented. Various posts about the non-existent news went viral. Complaints about the fake news turned out to be completely accurate. Indeed, the man speaking about the old proposal, Thierry Baudet, is a Forum for Democracy opposition speaker representing only three of the 150 seats in the Dutch House of Representatives. No SBR exists in the Netherlands, and Dutch lawmakers haven’t passed any bill authorizing one . News that never happened: Governments buying bitcoin reserves Read m...