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.
Potentially the first country to recognize bitcoin, for its own good.
Josiah Jones
just as planned
Brody Davis
BTC is already legal currency in Japan.
Noah Campbell
Rev up those pink wojacks, bitcoin cucks
You're about to get dumped on by based Bulgaria
Elijah Young
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.
John Wilson
>yfw bulgaria pumps and dumps your altcoin to buy more tanks and mosques
Lincoln Morgan
>bulgaria >mosques Are you retarded?
Levi Stewart
just american
Michael Hill
Do you really need to ask ?
Parker Miller
I'm Bulgarian and I don't have much faith they'll put those coins to good use. But who really knows
Zachary Young
be coo if someone should pulled off the biggest heist in history.
Justin Taylor
They are already in Boiko Borisovs pockets probably..
Nicholas Martin
If Bulgaria hodls 3+ years they will be a superpower.
Adam Butler
the slavs will find a way to fuck it up
Gavin Rivera
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.
Samuel Allen
same here... we gon' get cucked hard
Jeremiah Bell
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
Gabriel Wood
As a Bulgarian ... Can confirm both things
Lucas Price
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.
>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
Owen Butler
EU countries use the same bank, and its not the bulgarian bank.
Mason Sanders
OBSESSED
Blake Perry
the prime minister probably already stole them
Charles Evans
I'm a bulgarian and I 100% agree with this. Also AMA if you wish
Ryder Sullivan
What’s with the sudden influx of Bulgarians here?
Brody Wright
Do you have mosques?
Nolan Hall
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.
Jace Carter
Explains why Japanese economy is in the shitters.
Ayden Wright
Lol massive dump incoming
Cooper Evans
make even 20$ on magic internet money is better than 90% of the jobs here
Austin Wright
what is REALY worth visiting there? like top shit in your conuntry