Post
Topic
Board Bitcoin Discussion
Re: Germany to Reinvest in Bitcoin After $3.1 Billion Loss in Previous Sale
by
nakamura12
on 19/01/2025, 23:57:40 UTC
That article is a bit misleading to me; firstly, there was no bitcoin reserve that was sold out, and no profit was lost.

Saxony is a city in Germany that sold confiscated Bitcoin and not the Bitcoin they bought and reserved, as the article presumes.

Berlin, the capital of Germany is the one that have proposed to buy bitcoin, which is what I will consider to be a reserve and not the first seized and sold-out bitcoin. Unless their is something that I’m missing..

 It’s good news, and more of such will still be coming out, if not every month.
Well, do you think it will be a good thing if germany will really buy bitcoin?. Well, not that I know about it but other than the seized bitcoin but is there any sale happened before?, if yes then I think that is what it meant by profit lost on previous sale and not about the profit earn when selling seized bitcoin from movie2k.to. I didn't clearly see the poster but he is right that Saxony is a state in eastern Germany and not a city.