“The Home Office is working with police forces to develop a centralized “crypto storage and realization framework” to securely hold and manage the sale of these digital assets.”
Oh yeah, let’s see them spend £200 million internally, then another £400 million on consultants on how to sell these and by the time they, in 15 years time, the price has crashed and it’s worth £100 million.
InspectorDull5915 on
It seems, on the surface, to be a good idea but I know nothing about Crypto so I’m struggling to form an opinion.
Could someone help decide?
Stoyfan on
Selling this much bitcoin would be quite difficult without crashing the price.
178948445 on
That will cover the costs of bringing over another 100,000 Afghans.
Tr3nb0l0n3- on
The digital version of Gordon Brown selling our gold in 1999
Prudent-Pool5474 on
Countries are now stacking Bitcoin, purposely, building to get it and building reserves for the long term.
Meanwhile ours is flogging off $7B just to plug a budget hole like it’s a car boot sale, to make a small dent.
Short term thinking as per fucking usual from our goverment. No vision, no strategy, surprise surprise. Christ.
No_Iron_8087 on
If the $7B in BTC is there, I am not sure why they wouldn’t just sit on it, use it as the base for a developing fund. Most countries are trying to get into the larger crypto market, investing in the future whatever that may look like. This seems to be a golden opportunity for us to get ahead of the curb for once…
7 commenti
“The Home Office is working with police forces to develop a centralized “crypto storage and realization framework” to securely hold and manage the sale of these digital assets.”
Oh yeah, let’s see them spend £200 million internally, then another £400 million on consultants on how to sell these and by the time they, in 15 years time, the price has crashed and it’s worth £100 million.
It seems, on the surface, to be a good idea but I know nothing about Crypto so I’m struggling to form an opinion.
Could someone help decide?
Selling this much bitcoin would be quite difficult without crashing the price.
That will cover the costs of bringing over another 100,000 Afghans.
The digital version of Gordon Brown selling our gold in 1999
Countries are now stacking Bitcoin, purposely, building to get it and building reserves for the long term.
Meanwhile ours is flogging off $7B just to plug a budget hole like it’s a car boot sale, to make a small dent.
Short term thinking as per fucking usual from our goverment. No vision, no strategy, surprise surprise. Christ.
If the $7B in BTC is there, I am not sure why they wouldn’t just sit on it, use it as the base for a developing fund. Most countries are trying to get into the larger crypto market, investing in the future whatever that may look like. This seems to be a golden opportunity for us to get ahead of the curb for once…