US Treasury Secretary Applauds Bitcoin Design: “It Never Goes Off”

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By Berto R

United States Treasury Secretary Scott Bessent praised the robustness of bitcoin’s design on the 17th anniversary of the publication of his whitepaper, highlighting that the network «never shuts down» and continues to be «more resilient than ever.»

The comment, published on the social network That text, titled “Bitcoin: a peer-to-peer electronic cash system,” proposed a decentralized digital money modelbased on mathematical trust and not on intermediaries.

Bessent’s words had rapid impact on the cryptocurrency community. Samson Mow, a staunch defender of BTC, reacted by stating that “hyperbitcoinization is near.”

Scott Bessent, US Secretary of the Treasury. Source: Wikipedia

Meanwhile, investor and author Anthony Pompliano, known for his financial analysis, ironically: «The Secretary of the Treasury tweeting in favor of bitcoin and you remain bearish? «I couldn’t.»

The official’s comments add to a series of previous statements in which he had already referred to bitcoin. As NoticiasVE reported, Bessent noted in August that the government was not planning to buy BTC for the strategic reserve promoted by President Donald Trump, although he clarified that they would keep the seized assets and would stop selling them on the market.

However, a few hours later he qualified his position by publishing on

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