Crypto industry insiders are buzzing over the U.S. government's recent transfer of $1.9 billion in Bitcoin to Coinbase. Critics, including Space Force engineer Jason Lowery, label the move a "huge strategic mistake," arguing the government doesn't grasp Bitcoin's value. Coinbase CEO Brian Armstrong and others agree, questioning the wisdom of selling BTC.

Despite speculation, analytics suggest these transfers might be custody actions, not sales. The U.S. still holds about 183,850 BTC worth $17.7 billion. Bitcoin prices briefly dipped but have since stabilized. The debate continues on the government's crypto strategy.