🇬🇧 UK Is Selling Its Future: Government Plans to Dump Seized BTC for Budget Relief
British Chancellor Rachel Reeves has confirmed plans to sell £5 billion worth of Bitcoin (around 50,000 BTC) that was confiscated back in 2018 — aiming to plug holes in the national budget.
🧡 What's happening?
The UK government has been sitting on these coins for years, and now plans to offload them — just as Bitcoin hit a new all-time high of $123,250.
But critics are warning: Have we learned nothing from Germany?
🇩🇪 Deja Vu
In summer 2024, Germany also sold large amounts of Bitcoin, missing out on $3.1 billion in potential gains.
Now the UK risks repeating the same mistake — selling early in a bullish cycle, when institutional demand is surging.
---
📝 The Bigger Picture:
✔️ Institutions are buying BTC en masse
✔️ The US passed the GENIUS Act, legalizing stablecoins
✔️ Bitcoin is now accepted as mortgage collateral in Australia
✔️ Meanwhile, Europe tightens regulations instead of embracing innovation
💬 It seems like some countries are investing in the future —
…while others are selling it off to patch the past.
---
🔗 Hashtags:
#Bitcoin #UKCrypto #BTCsale #CryptoPolicy #GENIUSAct #BTCATH #CryptoNews #GermanyDump #InstitutionalAdoption #BlockchainPolitics #CryptoRegulation #Bitcoin2025
