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Government buys 10,000 coins at $30k/coin Announces it's legal tender Price increases to $40k/coin Government sells Government makes $100m it no longer need
by iso1210 5y ago
Government buys 10,000 coins at $30k/coin
Announces it's legal tender
Price increases to $40k/coin
Government sells
Government makes $100m it no longer needs to raise in tax
- IncRnd 5y agoGovernment investigates Government for purchasing arrangement at below market value. Government investigates Government for illegal pump & dump scheme. Bitcoin value drops. Citizen held Bitcoin is worth less.
- X6S1x6Okd1st 5y agoPretty sure the salvadorian government isn't going to be investigating it's self other than for more power grabs for the moment: https://en.m.wikipedia.org/wiki/2021_Salvadoran_political_crisis https://en.m.wikipedia.org/wiki/2021_Salvadoran_political_cr...