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The German government has decided to sell off 700 Bitcoins, even though a parliament member named Joana Cotar is urging them to stop selling. Cotar believes that holding onto Bitcoin can help protect against inflation and support economic independence and innovation. Despite selling around $819 million worth of Bitcoin, the government still has about $2.3 billion worth left. This move could add more pressure to the already unpredictable cryptocurrency market.The Bitcoins being sold were originally seized from a website that was shut down in 2013 for illegally sharing media content. German authorities took 50,000 Bitcoins from one of the people behind the website. This situation brings attention to how law enforcement, digital assets, and financial markets intersect, sparking ongoing discussions about the use and regulation of cryptocurrencies. #Bitcoin #Cryptocurrency #RegulationDebate #DigitalAssets #FinancialMarkets đđ
