Has there been any discussion here focused on the WHY in why Germany was selling their bitcoin? What’s the motive? What’s the angle? What’s the interest? What’s the incentive?

What I think I know:

(1) the bitcoin sale was a very public action

(2) basic analyses would suggest now is a terrible time to sell for profit

(3) it wasn’t done gradually over several weeks…executed more like a liquidity test

(4) European elections in France & UK effectively the same week as the sale

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Discussion

I think the WHY is because they don’t understand Bitcoin. They are still thinking in fiat terms with a high time preference. Game theory playing out, government playing themselves out of power.