Odaily Planet Daily News CZ responded to the "Bulgaria's sale of confiscated Bitcoin in 2018 caused it to miss a good opportunity to repay $25 billion in debt" on the X platform, saying that Bitcoin can solve most public debt problems.
It is reported that a batch of confiscated Bitcoins disposed of by the Bulgarian government in 2018 has exceeded the country's total public debt at the current market price. This batch of 213,500 Bitcoins was seized in 2017 when cracking down on organized crime. At that time, it was sold for about $3.5 billion. If it is held until now, the value will reach $25.2 billion, which is 5% higher than the country's latest $24 billion national debt. This made Bulgaria miss an excellent opportunity to repay its debts.