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🚨 UK Plans to Sell $6.7B in Seized Bitcoin to Cover Budget Deficit 🇬🇧💸
The UK government may sell 61,245 BTC (worth $7.2B) to help fix a £20B budget hole — a move sparking major backlash.
🔑 Key Takeaways:
💰 £5B in seized BTC could hit the market soon.
🧑💼 Plan led by Chancellor Rachel Reeves, with Treasury & Home Office.
🔁 Goes against global trend of governments holding BTC.
⚠️ Critics call it “short-sighted” — likened to Gordon Brown's gold sale blunder.
⚖️ Legal battles still ongoing over Bitcoin’s ownership.
🌍 While US & El Salvador HODL, UK looks to cash out.
🧠 Why It Matters:
Selling now could mean missing massive future gains if BTC rallies.
Is the UK trading long-term potential for short-term relief?
#GENIUSAct #StrategyBTCPurchase
#UKGovernment #Umarcrypto1 #Write2Earn
$BTC
The UK government may sell 61,245 BTC (worth $7.2B) to help fix a £20B budget hole — a move sparking major backlash.
🔑 Key Takeaways:
💰 £5B in seized BTC could hit the market soon.
🧑💼 Plan led by Chancellor Rachel Reeves, with Treasury & Home Office.
🔁 Goes against global trend of governments holding BTC.
⚠️ Critics call it “short-sighted” — likened to Gordon Brown's gold sale blunder.
⚖️ Legal battles still ongoing over Bitcoin’s ownership.
🌍 While US & El Salvador HODL, UK looks to cash out.
🧠 Why It Matters:
Selling now could mean missing massive future gains if BTC rallies.
Is the UK trading long-term potential for short-term relief?
#GENIUSAct #StrategyBTCPurchase
#UKGovernment #Umarcrypto1 #Write2Earn
$BTC
😂 "She’s worried about losing him to another girl… but he’s already committed — to the blockchain!" 🔗💔➡️💰
#FunnyMemes #GENIUSAct
#Umarcrypto1 #Write2Earn
#FunnyMemes #GENIUSAct
#Umarcrypto1 #Write2Earn
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