RE: The 213,500 BTC Bulgaria sold in 2018 are now worth 78% of its public debt 🙈
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If I try to think back to 2018, I believe that I had heard of Bitcoin. But I new very little about it. So I'm trying to imagine how anyone could have said with any certainty, "what is this Bitcoin worth?"
That led me to think about what I would have done as a friend of Vincent Van Gogh in the 1890s. If he had given me one of his paintings.
At the time, he sold one for around 400 francs. And making comparisons with values over time is difficult. But let's say that was around $5000 in today's money. (you will never believe how much effort it took to arrive at that guess!)
As Vincent's friend, I like to think I would have hung on to this reminder of our friendship. So I would now be a few million dollars richer. But if I really didn't think much of his ear trimming habits, I would have been very happy to pocket the certain $5K!
So I can't blame government officials for cashing in when they did. But I can blame them for just about everything else that is wrong with the world. 😀
!BBH
Wonder if you will cash out the BBH token now. Or save it until it's worth $10K? 😂
Yeah it's really a dilemma, cool story with the Van Goth painting, think the gov was, is legally required to sell or destroy confiscated goods. So I wouldn't blame the officials, rather the politicians for not making better laws for Bitcoin, treating it more like money instead of a commodity or security.