⚡️🇬🇧 NEW - British Chancellor Rachel Reeves plans to sell over 5 billion pounds of Bitcoin seized by police.
The aim being to close the fiscal deficit.
The assets include 61,000 BTC confiscated in 2018 as part of a Chinese Ponzi scheme.
Discussion
Meanwhile in Germany....
Asking for a dedicated website like https://notmadeingermany.com - Hurry, is notmadein.co.uk still available?
If only there was real world examples from other countries they could have learned from..
Hopefully they dump it as aggressively as Germany and at least we get some cheap sats
Wall street is gonna swoop these up in one buy.
Good.
Less state adoption, more adoption by people is needed.
Nation states do not deserve Bitcoin
Do it, will be hilarious
Wow
Hey fellow Bitcoiners, ever wondered how the state could confiscate 5 billion of a unconfiscatable currency?
Once again showing that, although we assume politicians are trying to improve our country, many of them have no clue at all!
The irony of "selling seized bitcoin to close a fiscal deficit" 🙂↕️😅
Is she not paying attention? Did the Germans not end up looking daft with a similar move in recent times?
Best case, governments should hold as less as possible.
😂 time preference just left the chat