It is definitely surprising that governments and authorities still fail to recognize the potential of Bitcoin as a powerful store of value and financial asset.
The decision to sell confiscated Bitcoin for fiat currency- which can be significantly devalued through printing- seems quite inept and short-sighted given the long-term growth potential of cryptocurrencies like Bitcoin.
However, it's worth noting that education around Bitcoin has come a long way in recent years. Many people are now recognizing its value as a contrarian investment, hedge against