Historical mistake: England sold gold in 1999 and Germany sold BTC in 2024?

[0t3p0t]

1. Do you think the German government's BTC sell-off was a historical mistake?

2. If you could help the German government make a decision, would you like to turn this 50K BTC into a national reserve?

3. Do you continue to believe in BTC price growth opportunities in the near future to become an extremely valuable asset in the economy?

1. Since it is not a German governments investment I don't think it will be called as a mistake.

2. Turning Bitcoin into the national reserve is so risky given that Bitcoin is so volatile it can cause chaos as reserves can only be stable like gold.

3. Well, yeah I have a bullish  and positive view on this one as we all know that Bitcoin only has limited supply and community is increasing price will drastically make huge blow in the future and that means financial freedom for those who has iron hands.

[Fivestar4everMVP]

To be honest wit you all, I wouldn't consider the German government selling their huge stash of bitcoin now as a mistake or big mistake, same way lazlo didn't think he was making a mistake when he was selling 10,000 bitcoin for 2 pizzas.
Lazlo made history for himself through that singular action, and in the same vain, I believe the German government is also trying to enter the history book of bitcoin as the government that sold 50,000 bitcoin below the price of $60,000, possibly 5 to 10 years from now when 1 bitcoin is probably above $300,000.
And the same way we celebrate bitcoin pizza day today, we can also start celebrating bitcoin government day too in the future 😁.

[KingsDen]

I would like to know your opinion on this issue:

• Do you think the German government's BTC sell-off was a historical mistake?

Whether or not it's a historical mistake, it's not going to affect the economic condition of Germany. It also depends when they entered the market. If they've gotten ×2 to ×3, it is not a bad decision to sell.

• If you could help the German government make a decision, would you like to turn this 50K BTC into a national reserve?

You don't keep a national reserve in a volatile asset.

• Do you continue to believe in BTC price growth opportunities in the near future to become an extremely valuable asset in the economy?

References:
[1] Germany Almost Done Selling Bitcoin, Holding Less Than 5K Tokens After Latest Moves
[2] German Government Bitcoin Selling Akin To UK Selling Its Gold
Note:

• My opinion has been presented in a topic, on BitcoinTalk forum.
• This topic on AltcoinsTalks forum has included a minor change in the way my opinion is presented.
• This statement is to avoid accusations of plagiarism.

Yes of course.

[Faisal2202]

TBH, I didn't know that they sold the seized Bitcoin, haha well there's a point to consider that even a buying of 1k+ BTC is reported and the huge number of Bitcoins accumulated by Germany wasn't reported.

Also selling BTC was never wrong and won't be wrong ever in the future as well, TBH this was unexpected that's why people reacted like this and for now it doesn't matter because we are back on track.

The news was shared on several sites about the case of Germany seizing BTC from a site (which was a pirated film streaming site) involved in money laundering. You can read the news shared on January here There are much news about how which government is seizing funds and from where. But you are right, no one really talks about them so much in any of the both forums. Maybe one or 2 topics would be opened here and on BTT but there were no big discussions about the matter.

Plus we are also to blame that why did we not paying attention to this matter, and how this information could have helped us, we could have made a profit and then waited for the market to dump and can take entry again. Besides this, we can't profit from this event. Plus recently they have released the news that they have to sell these funds in emergency. I did not realized till few days ago that they are on the 2nd number in owning most of the BTC nodes which means, the germans already have hell lot of BTC maybe that's why they prefer to sell these 50k too. One of the many reasons.

[snowpega]

From this, I can say that no one predict the future but it is certain that assets grow their over time but who knows what gonna happen in the future so they have sold their gold maybe the UK government had a fair profit at that time so they sold their gold, But if we see at the current situation then it so sure Germany is not doing it correct to sell their Bitcoin at this time.

As we all know that the current situation is kind of different, where we have kind of idea that Bitcoin can overcome the price of $100kin this bull season but this selling pressure by the Germany is not good in my opinion, for us and for the market condition as well. Well, I don't know any strong reason why did Germany sold all Bitcoin at the current time. Do you know? any strong reason?

[KryptoBull]

To be honest wit you all, I wouldn't consider the German government selling their huge stash of bitcoin now as a mistake or big mistake, same way lazlo didn't think he was making a mistake when he was selling 10,000 bitcoin for 2 pizzas.
Lazlo made history for himself through that singular action, and in the same vain, I believe the German government is also trying to enter the history book of bitcoin as the government that sold 50,000 bitcoin below the price of $60,000, possibly 5 to 10 years from now when 1 bitcoin is probably above $300,000.
And the same way we celebrate bitcoin pizza day today, we can also start celebrating bitcoin government day too in the future 😁.

Laszlo Hanyecz couldn't have imagined the future value of BTC, so he was willing to buy tens of thousands of BTC in the early days of BTC, when everyone was still mocking or ignoring any news about BTC. Conversely, now BTC is a globally famous asset and the German government is also aware of MiCA in the EU, they have enough experts to be able to learn about and understand the potential of BTC in this economy.

I hope that the German government can buy back BTC soon and trigger positive news for this market at the right time. It would be better if other countries in the EU are also researching BTC and have plans to accumulate BTC for their national reserves.

[SmartGold01]

Selling off 50,000 bitcoin could be a big time mistakes because it's a thing to be regrettable knowing that bitcoin price increases overtime and this could yield something unthinkable in the next 10 to 40 years time maybe by then bitcoin could worth more than 1 million per bitcoin, and it's something everyone I mean every country wished to get in their custody to serve as reserved funds.