July 23 2019

Bulgaria has 200k Bitcoins 🔥

In Bulgaria, bitcoins confiscated are worth more than the country gold

The Bulgarian law enforcement authorities noted that were seized:
equipment, communication devices, computers, tablets
The report also had a figure of 213,519 bitcoins.
At today’s prices, 40 tons of Bulgarian gold reserves cost about $ 1.8 billion,
while 213,519 bitcoins are estimated at about $ 2.1 billion at the current
exchange rate!

Against the background of official authorities’ fears that bitcoin will be used
“for money laundering and terrorist financing,” this story has the opposite effect:
if bitcoin were used as a currency for spending the country’s budget, it would be not so easy for citizens to disguise where their taxes are actually spent

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Posted 23.07.2019 by admin in category "Crypto World News", "Cryptocurrencies Trading