If #Germany had hodled its #Bitcoin  stash and not sold it in an emergency, they would have earned another ~ $500M.

Cool Website to track their losses by the way: https://www.iftheyhadheldbitcoin.com/

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You cant make this shit up

Governments even suck at selling bitcoin. Amazing.

Can’t even HODL.

To be fair, everybody sucks at selling bitcoin on a long enough timeframe.

Lettuce hands gonna lettuce

🤣

Be kind, everyone learns at their own pace

It brings me joy

Of course. When you can print the money and control everyone’s life through CBDCs there’s no incentive to hold Bitcoin. They’ll keep on telling themselves that it was the “correct” thing to do — something along the lines of “we don’t speculate”. And then they’ll turn the printers to max.

Precisely because you can print money, it makes so little sense, doesn't it? But yes, they never admit it to themselves.

In the closet of every government employee hides the ghost of Keynes whispering clandestine tales of “economic theories”.

The fairy tale of nominal pseudo-growth 🤭

Stupid Hands

rule 20: you do not sell your bitcoin

Rekt. A fool and his money are soon parted.

funny

gubmints gwanna gub

"emergency"

lack of foresight has led the country into a downward spiral

They did make a loss... they can just print and buy it back at a higher price but it doesn't matter.. its printed fake money anyway.

just think of how many COVID vaccines they could have bought with that money

Are you going to remind them forever?

That’s the plan, Bro

Wasn't it a German state government that sold it? How do we know that the ECB didn't just buy it right back with new monopoly money?