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Tag: Possession

Germany Still in Possession of Over 39,000 Bitcoins, Blockchain Records Reveal

Germany Still in Possession of Over 39,000 Bitcoins, Blockchain Records Reveal

Exploring the Bold Move: Why Selling Bitcoin May Be A Misstep for Countries In the realm of economics and digital currency, decisions made by governments can ripple through both the physical and virtual landscapes in unexpected ways Recently, a startling strategy has come to light involving Germany and its dealings with Bitcoin, a powerhouse in the cryptocurrency world Germany, a behemoth in both European and global economies, has reportedly transferred a staggering sum exceeding $390 million worth of Bitcoin (BTC) to various exchanges to be swapped for fiat currency This maneuver has sparked quite the debate on the wisdom and implications of such a significant sale of digital assets for traditional currency The Central Argument: Bitcoin vs...

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