I really hope she sells it all They don’t deserve it #Bitcoin

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No new info, no depth, just sensationalism over substance. The Telegraph just dropped another lazy, clickbait Bitcoin article. It tries to link the UK’s budget deficit to government crypto procurement and floats the idea of selling 61,250 bitcoin right in the middle of a bull market. The UKs bitcoin is still legally contested. Chinese authorities and victims are demanding it back. No sale can happen while that legal process is unresolved. Plenty of time before we repeat Gordon Brown’s devastating decision to sell off the UK’s gold at the bottom. Let’s just hope this doesn’t all conclude in a bear market. When they do sell, it’ll be typical if it ends up happening at the bottom again.

An Open Letter to the UK Government🇬🇧 To Whom It May Concern, I write with concern regarding reports that the UK Government is considering selling the Bitcoin it holds from criminal seizures. As a 28-year-old Brit who has spent my 20s building a business to educate individuals and companies about Bitcoin, I believe this decision warrants careful reflection. In 2022, I hosted the UK’s first major Bitcoin conference in Edinburgh, welcoming speakers like Dr. Lisa Cameron, former Chair of the Crypto and Digital Assets All-Party Parliamentary Group, alongside institutions like Fidelity and Coutts Bank. Our mission is to advance constructive dialogue about Bitcoin’s potential, not as speculators, but as educators. At a time when sovereign wealth funds, asset managers, and nations are accumulating Bitcoin, selling these holdings to address a short-term budget deficit would send a concerning signal. It risks repeating the missed opportunity of Gordon Brown’s gold sales in the early 2000s, with long-term consequences for the UK’s economic positioning. Bitcoin is not just another cryptocurrency. It’s a technological breakthrough, akin to the internet or the printing press. While its volatility and regulatory challenges are concerns for many, major players like BlackRock, whose ETF became the fastest to reach $80 billion in assets under management, recognise its generational potential. This is a pivotal moment. Do we sell a transformative asset for short-term gain, or do we reflect on its role in the UK’s future? Having engaged with the Scottish Government for years, I’d welcome the chance to discuss this with any UK department, MP, or official. If there’s interest, I’d be glad to host a briefing or roundtable to share what I and others in this space have learned. Let’s not be the nation that sold because we didn’t take the time to understand what we held. Sincerely, Jordan Walker Founder, @BitcoinColl

🧵 How Bitcoin Actually Launched: Inside the First Block, First Transaction, and First Users Everyone knows Block 0 But most don’t know how it really worked No coins moved. No one got paid. So when did Bitcoin actually become usable? Let’s break it down 🟠👇