Charles Hoskinson, that friend with a twinkle in his eye, found it downright hilarious that the U.S. Treasury Secretary was now singing praises for Bitcoin (BTC). Seems like someone in the marble halls of power finally cracked a smile after years of frowning. He took to X on November 1st, probably with a big grin, after Scott Bessent posted about the Bitcoin Whitepaper’s 17th birthday-talking about resilience and all. Talk about a birthday party nobody saw coming. 🎉
The U.S. Government Gets a Little Cryptic
On October 31, the Bitcoin fan club remembered-it’s been 17 years since Satoshi illuminated the world with his whitepaper. The U.S. Treasury’s Scott Bessent jumped in on the anniversary hype, emphasizing that Bitcoin’s still standing strong-like the old oak in the yard, stubborn and unyielding. “17 years and still no shutdown,” he said, probably sipping coffee and eyeing the Senate with suspicion. And so the debate went: can Uncle Sam finally give up the ghost and admit Bitcoin is not a passing fancy? Or is this just a grand illusion? 🤔
“Something profoundly magical about the Treasury boss tweeting about Bitcoin’s toughness,” Hoskinson said, probably with a smirk that says, “Did I hear right?”
– Charles Hoskinson (@IOHK_Charles) November 1, 2025
Translation? The mainstream is sliding closer and closer to accepting that Bitcoin isn’t just some fringe tech; it’s sinking roots deeper than a tree in the Rockies. Big banks and entire countries are now playing the game, squirreling away Bitcoin like squirrels with acorns, or maybe like hoarders with their secret junk drawers.
France’s Brave New Bitcoin World
Meanwhile, France, ever the artsy, bureaucratic marvel, floated a bill just before October dropped its final leaf, proposing they become Europe’s first nation to guard a Bitcoin reserve-about 2% of the entire supply, roughly 420,000 BTC, to be gathered over the next 7-8 years. Think of it-a nation setting aside digital gold to protect its sovereignty. Gregory Raymond, the whale co-founder sitting in the back, nodded knowingly, noting this was the first time France’s legislative gears had seriously grinded towards a crypto reserve plan.
Meanwhile, Bitcoin itself was just chilling, hanging at around $110,000-probably bored of the “Uptober” hype-and, for the first time in seven years, ending October in the red. Looks like even the biggest coin on the block enjoys a little drama now and then. As of now, the price is limping along at roughly $109,993, just enough to keep the traders awake. 🤑
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2025-11-01 17:11