Bulgaria discovers it has enough bitcoins to pay off fifth of its debt
Hundreds of thousands of bitcoins have been seized in an anti-corruption operation in Bulgaria, reports Zerohedge. They are currently worth $3.6 billion, which is enough to pay off a fifth of the country's national debt of $16.5 billion.
rt.com
Potentially the first country to recognize bitcoin, for its own good.
just as planned
BTC is already legal currency in Japan.
Rev up those pink wojacks, bitcoin cucks
You're about to get dumped on by based Bulgaria
I know a couple of Bulgarians and they all are 100% sure about two things:
1) BG won't sell those coins because the state is grossly incompetent. Like nigger-tier incompetent.
2) Some civil servants will steal the private keys and get filthy rich.
>yfw bulgaria pumps and dumps your altcoin to buy more tanks and mosques
>bulgaria
>mosques
Are you retarded?
just american
Do you really need to ask ?
I'm Bulgarian and I don't have much faith they'll put those coins to good use. But who really knows
be coo if someone should pulled off the biggest heist in history.
They are already in Boiko Borisovs pockets probably..
If Bulgaria hodls 3+ years they will be a superpower.
the slavs will find a way to fuck it up
Fuck you, there's mosques. Bulgaria used to be part of the Islamic state in the middle ages.
The USA pays 597 billion USD for its army, for one year. To be a superpower, you need to spend considerably more, for a long time.
The coins are worth 3.6 billion USD. Do math about the superpower prediction.
same here... we gon' get cucked hard
Imagine how based it would be if Trump made Bitcoin illegal, seized them all, then made them legal again and sold them
Like a bau5
As a Bulgarian ... Can confirm both things
the funniest thing would be if the ineptitude of our 'leaders' shines here as well, and they try sell the BTC without obfuscating the transactions.
in any case, i hope they burn in hell eternal.
>implying blind assumptions
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
>Just enough to pay off the debt they got from borrowing their own fucking currency their private central bank lended them with interest as they printet more out of thin air
Good goys
Pay off the debt to get more debt
EU countries use the same bank, and its not the bulgarian bank.
OBSESSED
the prime minister probably already stole them
I'm a bulgarian and I 100% agree with this.
Also AMA if you wish
What’s with the sudden influx of Bulgarians here?
Do you have mosques?
Nothing would happen in this case because everyone would know the source and reasons for the dump.
All that would happen is that everyone would have buy orders in place to gobble up all the cheap coins.
Big dumps like these are dangerous when they happen suddenly and for no obvious reason. This isn't the case.
Explains why Japanese economy is in the shitters.
Lol massive dump incoming
make even 20$ on magic internet money is better than 90% of the jobs here
what is REALY worth visiting there? like top shit in your conuntry