The sale of bitcoins seized by the German Federal Criminal Police Office (BKA) is counterproductive. This was stated by a member of the Bundestag, Joana Kotar.
Statt #Bitcoin als strategische Reservewährung zu halten, wie es in den USA bereits debattiert wird, verkauft unsere Regierung im großen Stil. Ich habe @MPKretschmer, @c_lindner & @Bundeskanzler @OlafScholz darüber informiert, warum dies nicht nur nicht sinnvoll, sondern… pic.twitter.com/v9FpzmfLbp
— Joana Cotar (@JoanaCotar) July 4, 2024The legislator recalled the ongoing discussions in the United States on the interpretation of digital gold as a strategic reserve currency.
https://forklog.com/news/ceo-bitcoin-magazine-obvinil-pravitelstvo-ssha-v-rastrate-bitkoinovKotar appealed to the Prime Minister of the Federal State of Saxony, Michael Kretschmer, Finance Minister Christian Lindner and Chancellor Olaf Scholz to rethink the position.
She invited officials to a lecture on "Bitcoin Strategies for nation states" scheduled for October 17. One of the speakers of the event will be AN3 CEO Samson Mou.
The discussion will focus on the potential use of digital gold by states in order to strengthen the national economy. It is expected that Mou will talk about the possible benefits of storing the first cryptocurrency within the framework of national financial strategies.
The event will also touch upon the issue of bitcoin-backed government bonds in order to attract a new class of investors. According to the Mou, such tools can become a stable source of financing for major infrastructure projects, stimulating economic growth and innovation.
The expert draws parallels with El Salvador, which tested similar experiences in 2021, emphasizing the potential of such initiatives for economic transformation.
In recent weeks, the German authorities have sold the first cryptocurrency for a total of $195 million through various exchanges, including Coinbase, Kraken and Bitstamp.
At the time of writing, the BKA bitcoin address contains 41,774 BTC worth ~$2.28 billion.
Recall that Bloomberg cited these steps as one of the reasons for bitcoin's sharp drop below the psychological support of $ 60,000.