JUST IN: 🇨🇳 China's local governments sell 15,000 Bitcoin worth $1.25 billion via offshore private entities: Reuters.
Discussion
China is doing everything right, except for choosing a good store of value. They have been on the silver standard for a long time before moving to a gold standard, they are now picking the second fastest horse, gold, huge mistake!!
They should be selling a billion in US treasuries per day and converting it yo bitcoin. But I am happy to buy as much of their sales as i can