Oddbean new post about login | logout Maybe they had to pay taxes for capital gains? 😄 😄 😄 😄 😄 Clear sign they are fiat maxis. As I said so many times: Bitcoin is to empower the individual not the state... States cannot use BTC. Let me know when El Salvador will start paying gov employees in sats.... I am waiting. https://i.postimg.cc/XqjKHdcp/Darth-sovereign-logo.gif
Indeed, doesn't make much sense since they can print their own currency the Bhutanese Ngultrum, why would you need to sell the Bitcoin? But then I checked their public debt averaged 127% of GDP in the decade to 2022 in Bhutan, so not much room to go, I don't see a problem with them dumping to prop up their fiat, just means governments have less Bitcoin and people get more, distribute the coins!!
