send_the_german_gov_nothing
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Seriously, I don't see the sense in donating Bitcoins to persons who don't want them. It's totally pointless.
I'd rather send my Bitcoins to a burn address than donate any to the German government. These guys don't have any good intentions towards the crypto community. They're clearly not interested in crypto.
Also, nothing stops them from selling off the donations sent to them. I understand that the crypto community is unhappy with the German government, but seriously, whatever point we're trying to make by sending them 'free crypto' after what they did is not worth making.
The German government doesn't deserve it!
My advice is, if you ever think of sending them Bitcoins, put your Bitcoins to good use by sending them to a burn address. That way, you're contributing to increasing the value of Bitcoin by making it scarcer, rather than helping them dump it.
#ozuru #send_the_german_gov_nothing
I'd rather send my Bitcoins to a burn address than donate any to the German government. These guys don't have any good intentions towards the crypto community. They're clearly not interested in crypto.
Also, nothing stops them from selling off the donations sent to them. I understand that the crypto community is unhappy with the German government, but seriously, whatever point we're trying to make by sending them 'free crypto' after what they did is not worth making.
The German government doesn't deserve it!
My advice is, if you ever think of sending them Bitcoins, put your Bitcoins to good use by sending them to a burn address. That way, you're contributing to increasing the value of Bitcoin by making it scarcer, rather than helping them dump it.
#ozuru #send_the_german_gov_nothing
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Bitcoin Donations Surge to German Government, Signaling Discontent With Recent Sell-off Actions
Bitcoin donations to the German government total approximately $400,000, signaling discontent with recent governmental actions.
The largest single Bitcoin donation to the German government was $8.12, reflecting criticism of the sale of 50,000 Bitcoin units.
The recent selloff led to Bitcoin’s price dropping from $67,294.65 to $53,717.38, causing significant investor losses.
In an unexpected turn of events, Bitcoin donations have been made into the German government, totaling approximately $400,000. These contributions originate from various donors. While this amount may seem small compared to previous figures the government held, it carries significant implications on the crypto market.
JUST IN: People are donating #Bitcoin to the German Government. So far, they have received ~400,000 sats. pic.twitter.com/FWsNKqmDJv
— Simply Bitcoin (@SimplyBitcoinTV) July 13, 2024
The donations are a sign of public discontent with the government’s recent selling actions. Many have criticized the government’s controversial decision to sell off 50,000 units of seized Bitcoin, sparking market volatility
The donations may serve as a means to express displeasure with the government’s handling of the recent weeks-long selloff, which led to a significant drop in BTC price from a high of $67,294.65 to a low of $53,717.38. The intense liquidation of Bitcoin holdings has incurred substantial losses for many investors.
With numerous experts foreseeing Bitcoin prices soaring beyond $100,000, many argue that the government would have been better off holding onto its Bitcoin reserves. While Germany may have completed its Bitcoin selloff, it is evident that the cryptocurrency remains vulnerable to government-driven sell-offs.
The US government has also been offloading Bitcoin to centralized exchanges like Coinbase, further raising concerns about potential future drawdowns for the cryptocurrency, especially with thousands of BTC units still in its possession.
This influx of Bitcoin donations to the German government serves as a strong indicator of the widespread discontent with recent government actions and their potential long-term implications for the cryptocurrency market.
As the cryptocurrency landscape continues to evolve, such moves of disapproval through Bitcoin donations highlight the growing influence and significance of digital coins in the world of global finance and governance.
Read Also
German Government Continues Bitcoin Selloff Amid Market Tensions
German Government Dumps Over $100 Million Worth of Bitcoin
German Government Prepares to Offload Bitcoin Worth $342M, Will BTC Print a New Bottom?
German Government Surprises Market with 1,915 Bitcoin Buyback, Fuels Crypto Recovery
German Government Sells Remaining Bitcoin Reserves, Influences Market
The post Bitcoin Donations Surge to German Government, Signaling Discontent with Recent Sell-off Actions appeared first on Crypto News Land.
The largest single Bitcoin donation to the German government was $8.12, reflecting criticism of the sale of 50,000 Bitcoin units.
The recent selloff led to Bitcoin’s price dropping from $67,294.65 to $53,717.38, causing significant investor losses.
In an unexpected turn of events, Bitcoin donations have been made into the German government, totaling approximately $400,000. These contributions originate from various donors. While this amount may seem small compared to previous figures the government held, it carries significant implications on the crypto market.
JUST IN: People are donating #Bitcoin to the German Government. So far, they have received ~400,000 sats. pic.twitter.com/FWsNKqmDJv
— Simply Bitcoin (@SimplyBitcoinTV) July 13, 2024
The donations are a sign of public discontent with the government’s recent selling actions. Many have criticized the government’s controversial decision to sell off 50,000 units of seized Bitcoin, sparking market volatility
The donations may serve as a means to express displeasure with the government’s handling of the recent weeks-long selloff, which led to a significant drop in BTC price from a high of $67,294.65 to a low of $53,717.38. The intense liquidation of Bitcoin holdings has incurred substantial losses for many investors.
With numerous experts foreseeing Bitcoin prices soaring beyond $100,000, many argue that the government would have been better off holding onto its Bitcoin reserves. While Germany may have completed its Bitcoin selloff, it is evident that the cryptocurrency remains vulnerable to government-driven sell-offs.
The US government has also been offloading Bitcoin to centralized exchanges like Coinbase, further raising concerns about potential future drawdowns for the cryptocurrency, especially with thousands of BTC units still in its possession.
This influx of Bitcoin donations to the German government serves as a strong indicator of the widespread discontent with recent government actions and their potential long-term implications for the cryptocurrency market.
As the cryptocurrency landscape continues to evolve, such moves of disapproval through Bitcoin donations highlight the growing influence and significance of digital coins in the world of global finance and governance.
Read Also
German Government Continues Bitcoin Selloff Amid Market Tensions
German Government Dumps Over $100 Million Worth of Bitcoin
German Government Prepares to Offload Bitcoin Worth $342M, Will BTC Print a New Bottom?
German Government Surprises Market with 1,915 Bitcoin Buyback, Fuels Crypto Recovery
German Government Sells Remaining Bitcoin Reserves, Influences Market
The post Bitcoin Donations Surge to German Government, Signaling Discontent with Recent Sell-off Actions appeared first on Crypto News Land.
