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Cryptocurrency News Video

Germany's Bitcoin Brown Bottom

Jul 19, 2024 at 11:22 am Bitcoin University

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https://www.youtube.com/@Bitcoin_University/join

In this video, I compare Gordon Brown selling the UK's gold at the bottom of the bear market ("Brown's Bottom") to Germany dumping 50,000 BTC at the beginning of a long Bitcoin bull run.

What makes it even stranger is that Germany can print up new fiat whenever it wants-- it doesn't need to sell BTC to make fiat.

This is one of many bad moves made by Germany, including its terrible energy policy and disregard for free speech on the internet.

Why do so many modern Western nations like Germany hate itself so much?

Bitcoin offers hope for a better world.

Not investment advice! Consult a financial advisor.

1999–2002 sale of United Kingdom gold reserves:
https://en.wikipedia.org/wiki/1999%E2%80%932002_sale_of_United_Kingdom_gold_reserves

Gordon Brown:
https://en.wikipedia.org/wiki/Gordon_Brown

Checkmatey on how the market front ran Germany:
https://x.com/_Checkmatey_/status/1812880729359167742

The backstory to Germany's 50,000 BTC:
https://cybernews.com/news/germany-dumping-billions-worth-of-bitcoin-movie2k/
https://cybernews.com/news/suspect-in-movie2k-case-transfers-2-billion-police/

Watch Germany's Bitcoin holdings here:
https://platform.arkhamintelligence.com/explorer/entity/germany

Germany shutting down its last nuclear power plants:
https://x.com/disclosetv/status/1647325445379989506

Germans turning to wood to heat their homes:
https://www.aa.com.tr/en/europe/germans-turning-to-wood-to-heat-their-homes/2725118#

Hyperinflation in the Weimar Republic:
https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic

German police raided 36 homes over hateful Facebook posts:
https://www.theverge.com/2017/6/21/15847262/german-facebook-raid-hate-incitement

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#Germany
#gold

Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
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