Post
Topic
Board Press
Re: [2024-07-05] German MP Criticizes Bitcoin Sales, ...
by
Penis
on 09/07/2024, 15:21:21 UTC
I will never understand why governments continue to sell BTC (an asset with finite quantity that has the potential to become the world's reserve currency) for pieces of paper they can just print themselves whenever they want. Back in 2014, the US government sold the former Silk Road coins for $600 each. I bet they regret that decision now. El Salvador seems to be the only government that realizes this.

Ultimately, governments selling BTC is good for Bitcoin and society because it means that wealth (real wealth and not fiat wealth that can be inflated and confiscated at will by centralized governments) gets distributed more widely rather than being hoarded and controlled by governments.