Quote from: JayJuanGee on Today at 06:39:10 PM

Quote from: Icygreen on Today at 06:08:12 PM

Quote from: Last of the V8s on June 03, 2020, 08:35:19 AM

https://www.globenewswire.com/news-release/2020/06/02/2042081/0/en/Velocity-Announces-Discovery-of-New-Gold-Zone-and-High-Grade-Gold-Drill-Results-from-Obichnik-Gold-Project-Bulgaria.html

We rich now Cheesy

Gold machine go Brrr..
Interesting, Bulgaria. Isn't that the government that confiscated and 'lost' 213K BTC. Maybe they're just diversifying.

I remember that Bulgaria had proclaimed to have been HODLing more than 200k BTC from the proceeds of various crimes.. or something like that, but I do not recall ever hearing about any proclamation or news that they no longer HODL such BTC, and surely they could choose to diversify (like you said), but diversification does not seem to make a whole lot of sense, except admittedly, most traditional financial advisors would likely believe that they understand gold better than bitcoin, and likely would be more comfortable in HODLing value in gold than in BTC... even though many of us BTC advocates have difficulties considering gold as being anywhere close to bitcoin in terms of actual upside potential (surely, the view of a BTC advocate is in competition with the concept of the perceived "store of value" narrative that would be difficult to shake from the heads of a lot of traditional investors).

Bulgaria, my country for good or worse. The only thing which I am proud as bulgarian is that we saved our jews during the WW2 despite being allies with the germans. A country with 1340 years of history, always fighting with the giants for the right to exist. Currently, the poorest country in EU (I mean 10 times smaller salaries for the same prices of goods), with the worst corruption in all floors of the goverment, with high negative growth and with the highest mortality rate in the world! Luckily, the 3rd country in Europe with the lowest number of covid-19 positive people from 1 million. We have several gold mines, but our country has extremely little profit from them.

Yes, several years ago an international criminal group was arrested with the aid of Interpol. Rumors say that the goverment already sold their 200K bitcoins https://steemit.com/bitcoin/@j1v/200000-bitcoins-sold-recently-by-bulgarian-goverment. I am not sure about that, because seizure of computers does not mean they found the keys. The official report was that criminals operated with bitcoins and nothing more. I don't trust yellow papers and sites. The truth is that our police, government and judicary are extremely old fashioned. They can't even seize the money of phoney bankers and hazard bosses like Tsvetan Vassilev and Bojkov, who stole from the government several billions of euros. I watched every interview and I noticed that the word keys was never used. The explanations were that from the seized computers were made transactions of bitcoins. They were stupid enough to admit that nobody can get access to these bitcoins. Since I really doubt that the criminals wrote the keys on the desktop, my guess is that the bitcoins are really not in the possesion of the goverment. May be some day when the criminals are out of jail they will try to move them. But with Interpol and FBI monitoring their addresses, I think this will be nearly impossible task.