Michael Saylor Issues Crucial Bitcoin Warning to German Community
Summary:
Michael Saylor, co-founder of MicroStrategy and a prominent Bitcoin advocate, has issued a warning to the German Bitcoin community and government, advising them not to sell their Bitcoin. This comes after the German government liquidated nearly 10,000 BTC, which were confiscated from the Movie2k website earlier this year. Samson Mow, CEO of Jan3, has also weighed in, suggesting that Germany should develop a plan to re-acquire at least 50,000 BTC as part of a national Bitcoin adoption strategy. German MP Joana Cotar has echoed this sentiment, urging the government to hold Bitcoin as a reserve currency instead of selling it. Currently, Bitcoin is trading at $58,134 on the Bitstamp exchange.