Germany Loses Potential IDR 44 Trillion Because of Selling All Bitcoin? Netizens in an Uproar!
Berlin – A controversial decision comes from the German government, which reportedly sold all of its 49,858 Bitcoins at an average price of $57,900 per BTC. The total proceeds from the sale reached approximately $2.89 billion or equivalent to IDR 46 trillion. But wait—if calculated with the current Bitcoin price that has surpassed $70,000, the potential profit could exceed IDR 90 trillion!
This means that Germany lost a potential profit of IDR 44 trillion just because they sold too quickly!
Sources from Arkham Intel confirmed this massive transaction, which then became a hot topic on social media. Many investors and crypto observers regret this move, considering Bitcoin is in a bullish phase and has the potential to reach new all-time highs.
Netizens reacted strongly:
"Too hasty, while the market is hot!"
"Because of this, Germany is experiencing collective FOMO as a country."
"If they hold just a little longer, they could build a new city."
Germany's move has sparked a debate about the country's investment policy towards digital assets. While countries like the US are starting to take Bitcoin ETFs seriously and large institutions are piling up on crypto, Germany's decision is seen as "playing short."
Is this a signal that the German government is still not confident about Bitcoin's future? Or is it a safe move before the next volatility comes?
One thing is for sure: crypto is certainly not for the faint of heart.
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