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What will be the primary reason cited by the German government for selling Bitcoin by end of 2024?
2
Resolution / Starting Odds
Market volatility • 25%
Economic policy adjustment • 25%
Regulatory concerns • 25%
Other • 25%
Official announcements from the German government or major news outlets
Story
German MP Criticizes Government's $195M Bitcoin Sale
Jul 5, 2024, 05:42 AM
German Member of Parliament Joana Cotar has strongly criticized the government's decision to sell Bitcoin, arguing that this move exacerbates market volatility and could have a long-term negative impact on the stability of the cryptocurrency market. Cotar believes that Bitcoin should be used as a national strategic reserve currency, similar to discussions currently taking place in the USA. The government has reportedly sold $195 million worth of Bitcoin, a decision Cotar describes as counterproductive and not sensible.
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Sell all remaining BTC • 33%
Sell part of remaining BTC • 33%
Hold remaining BTC • 33%
Regulatory concerns • 25%
Market volatility • 25%
Financial strategy shift • 25%
Other • 25%
Yes • 50%
No • 50%
Sell more than 10,000 BTC • 25%
Buy more than 5,000 BTC • 25%
Hold current BTC • 25%
Sell less than 10,000 BTC • 25%
Yes • 50%
No • 50%
Sell to Justin Sun • 25%
Sell on open market • 25%
Hold the Bitcoin • 25%
Other • 25%
Less than 10,000 BTC • 25%
10,000 to 20,000 BTC • 25%
20,000 to 30,000 BTC • 25%
More than 30,000 BTC • 25%
Sell more than 10,000 BTC • 25%
Sell less than 10,000 BTC • 25%
Buy more than 5,000 BTC • 25%
No significant transactions • 25%