Now in crypto, the CZ has asked to ban Elon Musk automatically bots in X, frustration surrounding the strategic US strategic bitcoin reserve signal that the investor’s unrealistic expectations, and according to regulatory experts, Michael Saylor promoted for an aggressive US government approach to Bitcoin accumulation.
CZ asked Elon Musk to get rid of automatic bots in x
Binance co-founder Changpeng Zhao (CZ) asked Elon Musk at No automatic bots on x – It is a problem that the crypto community has been together for years.
“I think X should ban all the bots. I just want to mix with people – not ‘automatically,'” CZ wrote in a post of March 9 X.
Automatic bots boost messages by wanting or removing posts and can also comment on posts, which are often done in a coordinated fashion by an individual or teams that operate bot farms.
Source: Cz
These automatic bots often poses as crypto influencers or executives from the digital asset industry to walk fake tokens, deceptive airdrop scams, and promote phishing links designed to steal funds from undoubted users.
A 2023 Study From the Network Contagion Research Institute it was also found that coordinated bot attacks were used to manipulate crypto prices.
Bitcoin Reserve Backlash Signals unrealistic expectations in the industry
The Extensive frustration around The US strategic Bitcoin Reserve – named as a historical step for adopting Bitcoin – suggests the investor’s unrealistic expectations, according to regulatory experts.
President Donald Trump signed an Executive Order on March 7, to use Bitcoin (Btc) seized in cases of criminal government Instead of buying the asset directly from the market. The announcement has triggered a More than 6% falling in Bitcoin priceFalling from $ 90,400 to $ 84,979, according to cointelegraph market data data.
The reaction indicates unrealistic expectations in the industry, according to Anastasija Plotnikova, co-founder and CEO of Fideum, a regulation and blockchain infrastructure firm dedicated to institutions.
BTC/USD, 1-month chart. Source: Cointelegraph
“Obviously the US government can use the existing BTC in their possession, aka has gained funding,” he told Cointelegraph, and added:
“It’s weird to see such a major public failure that came from some players in the industry.
The Bitcoin Reserve is a “careful” approach to taxpayer funds, which “makes this decision aligning with messaging from this administration,” the regulation expert added.
Michael Saylor pushed us to buy up to 25% of Bitcoin’s supply
The founder of the approach Michael Saylor has suggested that the United States government It aims to get up to 25% of the total Bitcoin supply over the next decade for the Strategic Bitcoin reserves.
“Get 5-25% of the Bitcoin Network trust for the country through constant, programmatic daily purchases between 2025 and 2035, if 99% of all BTCs are released,” Saylor write In a document titled “A Digital Assets Strategy to dominate the 21st century global economy.”
Saylor presented the document to US president Donald Trump, government executives, and global crypto leaders at White House Crypto Summit on March 7.
He explained that the government should stick to a “Don’t sell your Bitcoin policy”, which is predicted that by 2045, the strategic Bitcoin reserves can produce more than $ 10 trillion annually, and will serve as a “eternal source of prosperity” for Americans.
