Why did Germany choose to sell all its Bitcoin? This decision reflects the attitudes of many countries towards Bitcoin—it resembles a financial bubble that could burst at any moment. Many believe that Bitcoin originated in the United States, and this assertion is not without basis. In fact, the identity of Bitcoin's founder 'Satoshi Nakamoto' remains hidden, and it is widely believed that he is merely a symbolic figure, while the real individuals controlling and promoting Bitcoin's development are likely closely related to the United States.

The launch of Bitcoin by the United States had two main purposes: first, to facilitate money laundering activities on a global scale, and second, to boost the prosperity of the U.S. graphics card market through the Bitcoin mining craze. Particularly, the three major chip giants in the U.S.—NVIDIA, AMD, and Intel—made substantial profits during this process. The demand for high-performance graphics cards for Bitcoin mining allowed these companies to rapidly increase their market share and profitability.

The United States has employed clever tactics, not only promoting Bitcoin but also successively launching many similar virtual currencies. These so-called 'innovative' products claim to help people achieve financial freedom, but in reality, they attract a large influx of funds, consuming the hard-earned money of investors. However, as time goes on, governments around the world have gradually recognized the potential risks of virtual currencies, and their regulatory stance has become increasingly stringent. Meanwhile, the global mining craze is also gradually receding, and enthusiasm for virtual currencies is cooling down.

Today, the space for the United States to use Bitcoin for money laundering has significantly diminished, and the virtual currency boom that once surged has begun to cool off. Against this backdrop, Germany's decision to sell Bitcoin is undoubtedly a sign of distrust in the future of the virtual currency market, while also reflecting that governments in multiple countries around the world are taking measures to be cautious of the systemic financial risks posed by virtual currency bubbles.

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