Bulgaria Could Slash its National Debt Thanks to Seized BTC
Whilst early investors are rejoicing about the recent surge in the price of Bitcoin, the increase is delighting elsewhere too. As part of a national anti-corruption operation in Bulgaria back in May, the government there seized 213,519 BTC from organised criminals. Today, these coins are worth $3.6 billion, or to put it another way, around one fifth of the entire country’s national debt. At the time they were seized, they were only worth $500 million.
The confiscations followed a widesprea
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