Yes, they would be transacting in BTC outside of the federal reserve, as does the US in dollars, but I don't believe they would be holding significant reserves elsewhere without making it public.
English is a second language, so don't underestimate the chances of a simple loose interpretation.
You don't make a public statement about "moving" 11 BTC, you do however make a public statement about increasing your federal reserve by 11 X the normal buy volume.
mike
npub1aq…c237n
2024-12-20 14:26:42
in reply to nevent1q…uzz6
Author Public Key
npub1aqakd28d95muqlg6h6nwrvqq5925n354prayckr424k49vzjds4s0c237nPublished at
2024-12-20 14:26:42Event JSON
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