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5 months ago

Can Bitcoin Solve Debt Crisis? Bulgarias 213K BTC Sale In 2018 Now Equals 79% Of National Debt

In 2018, Bulgaria seized 213,000 Bitcoins from a criminal investigation. The current value of those Bitcoins is now equal to approximately 79% of Bulgaria's national debt. This has led to discussions about whether Bitcoin could potentially be used to alleviate national debt burdens. The article focuses on the sheer scale of the seized Bitcoin relative to the country's financial obligations.

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