Germany's SHOCKING $3 Billion Mistake—Is it Too Late to Buy Bitcoin?

I explore Germany’s controversial decision to sell its 50,000 Bitcoin holdings for €2.6 billion in summer 2024.

The sale, viewed by many as a significant mistake, is juxtaposed against a burgeoning Bitcoin community and growing political interest in the cryptocurrency within Germany.

The video features interviews with German politicians, Bitcoin advocates, and citizens, highlighting varying perspectives on Bitcoin’s potential and the government’s actions. The narrative explores the reasons behind the sale, the ongoing efforts to educate German parliamentarians on Bitcoin, and the potential for future Bitcoin adoption by the German government.

Thank you so much to Joana and her team for hosting me. And to Samson for his time.

For all of the German speaking videos of Bitcoiners educating MPs and aides in parliament, check out
https://www.youtube.com/@BitcoinimBundestag

If you want to support me and my Bitcoin stories and journalism around the world, you can send me Bitcoin here:
⚡️ [email protected]
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My usual things:
📍 Location: German Parliament 🇩🇪
⛓️ Block Height: 866,082
📆 Date: 17th October 2024
💰 Bitcoin Price: $67k ish

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Timeline:

0:00 Intro
1:54 Asking Berliners about Bitcoin
3:30 What is Bitcoin Im Bundestag?
4:17 Introducing Joana Cotar, MP
5:33 Why did Germany (Saxony) sell the Bitcoin?
6:09 Fallout during and after the sale (rekt)
7:38 Bitcoin in the Bundestag is historic.
8:22 Samson Mo's talk and suggestions for Bitcoin in Parliaments
10:01 Bitcoiners (plebs) chime in on the mistake
12:25 What about other governments?
13:01 Germany's Bitcoin Regret
14:25 Hope for Germany's bitcoin future
14:56 Pressure is on to buy Bitcoin
15:18 Summary
15:59 Does Bitcoin need politics or politicians?
16:30 sponsors and a free bitcoin outro

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Samson's interview: https://youtu.be/Os9ccqcR4Cc
Life on Britain's Remote Bitcoin Island: https://www.youtube.com/watch?v=jHHpPu_YvX0
Inside the Secret Swiss Crypto Capital: https://youtu.be/ENncoHFMmwo
He Sold EVERYTHING To Go OFF-GRID: https://youtu.be/V_PNiqIOjVA
Why is Money SO BAD In This Country: https://youtu.be/ykLb8SG9Z8w