🟠STOP VENDITA BITCOIN, DICE POLITICA
Giorno: 04 luglio 2024 | Ora: 22:02 Joana Cotar, membro indipendente del Bundestag tedesco, ha invitato il governo a fermare la vendita di Bitcoin, definendola "controproducente". Ha scritto una lettera a diversi politici tedeschi per spiegare i benefici di Bitcoin come diversificazione degli asset, protezione dall'inflazione e promozione dell'innovazione. Nel 2023, Cotar ha anche presentato una proposta di legge per rendere Bitcoin moneta legale in Germania. Nel frattempo, il governo tedesco ha venduto centinaia di milioni di dollari di BTC, contribuendo probabilmente alla recente caduta del prezzo di Bitcoin.
Joana Cotar, an independent member of the German Bundestag, has called on the government to halt the sale of Bitcoin, describing it as "counterproductive." She has written a letter to various German politicians to explain the benefits of Bitcoin as asset diversification, protection against inflation, and promotion of innovation. In 2023, Cotar also introduced a bill to make Bitcoin legal tender in Germany. In the meantime, the German government has sold hundreds of millions of dollars' worth of BTC, likely contributing to the recent drop in Bitcoin's price.
Joana Cotar, an independent member of the Bundestag, has urged the government to stop its Bitcoin selling spree.
Cotar has informed Michael Kretschmer, one of the deputy chairs of the CDU, Christian Lindner, the Federal Minister of Finance, as well as Chancellor Olaf Scholz that this is "counterproductive." She has invited them to her lecture with Bitcoin evangelist Samson Mow that is scheduled to take place on Oct. 17.
In her letter, the MP argues that the largest cryptocurrency offers "a unique opportunity" for asset diversification. It is capable of mitigating risks that are related to having excessive exposure to traditional asset classes.
Bitcoin can also act as a hedge against inflation and currency devaluation due to its scarcity, according to Cotar.
Moreover, the pro-Bitcoin MP has noted that the leading cryptocurrency could also promote innovation, economic sovereignty as well as technical progress.
In 2023, Cotar also introduced a bill that would make the flagship cryptocurrency legal tender in Germany, following the lead of El Salvador.
As reported by U.Today, the German government went on a major selling spree last month, moving hundreds of millions of dollars worth of BTC to exchange. This bearish factor likely contributed to Bitcoin's underperformance.
The German government became one of the largest holders of the flagship cryptocurrency following its crackdown on Movie2k.to, a popular piracy website, more than a decade ago.
Earlier today, PeckShieldAlert reported that the German government had transferred another 1.3K BTC to exchanges, amplifying selling pressure. Meanwhile, the price of Bitcoin recently crashed to $56,836.
