Joana Cotar stated that she considers the actions of the government of the country to sell the Movie2k confiscated from the creators of the illegal streaming site.to be short-sighted. She recalled that in the United States, bitcoin is considered as a strategic reserve currency and urged government officials to consider bitcoin as a national strategic asset instead of solving short-term financial problems.
"It is difficult for individuals, governments and politicians to fully understand the benefits of Bitcoin. Just as it is difficult to understand what benefits can be obtained from the effective use of a digital asset. A well-thought-out bitcoin strategy can change the development of a country, ensure economic prosperity and fundamental freedoms for its citizens. I urge you to refrain from hastily disposing of government bitcoins," Kotar said.
The politician stressed that she supports the need to combat potential risks such as money laundering and tax evasion using digital assets. But he believes that fighting potential crimes should not lead to stifling innovation.
From June 14 to July 4, the German government withdrew 3,820 BTC from state reserves.
Earlier, the CEO of Bitcoin Magazine, David Bailey, said that as a result of the incompetence of officials, the US budget lost more than $ 12 billion in the first cryptocurrency. The journalist claims that right now the US balance sheet should have been at least 400,000 BTC (over $ 26 billion). However, instead, the current administration "pocketed the wealth of future generations."