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Bulgaria Missed $25B Debt Payoff by Selling Bitcoin in 2018

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Bulgaria Missed $25B Debt Payoff by Selling Bitcoin in 2018

In 2018, Bulgaria sold over 213,500 Bitcoin it had seized in 2017. This move has reignited the debate over whether governments should treat crypto as a reserve asset, as the value of those Bitcoin could have paid off the country's public debt.