Are there any governments buying cryptos? - page 2.

Submotion

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Quote from: calme on March 25, 2015, 03:07:01 AM

the rules are that you print money, steal btc and buy gold. but they steal money and gold too. so theft is really the common denominator here that shows their specialty, i suppose.

Exactly. I don't think they'll care about buying btc because why bother when they can just print their own, but they'll confiscate it when they can and sell it for dirty cash. It's always funny to me how 'criminals' can't profit from crime but the police certainly can. It's a corrupt system.

calme

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the rules are that you print money, steal btc and buy gold. but they steal money and gold too. so theft is really the common denominator here that shows their specialty, i suppose.

Lorenzo

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We all know that the US Government has auctioned bitcoins in the past and continue to do so whenever they manage to get their hands on a significant stash of them. The Australian Government also has plans to auction off a stash of bitcoins worth $9.4 million:

http://www.coindesk.com/australian-government-soon-hold-9-million-bitcoin-auction/

But have there been any confirmed examples of the reverse happening - i.e. governments BUYING cryptos? At first glance, Bitcoin's qualities seem quite contrary to what a state might feel is desirable. After all, it's decentralized, its supply is scarce and resistant to manipulation, it's difficult to tax, and it's relatively anonymous. But gold also shares much of the same properties and that has not stopped governments around the world from investing in gold.

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