Mystery of Bitcoin confiscated: Why do China and Germany sell while the US accumulates?

On the chess board of financial power, China and Germany sacrificed their bishops that represent the attack and long distance defense. That is because they are giving ground in a war for the state accumulation of Bitcoin (BTC). The United States, on the other hand, moves its pieces with greater precision, recognizing the growing role of digital currency as a geopolitical weapon.

Despite prohibiting cryptocurrencies since 2021 because they are considered a threat to «financial stability», China has sold its bitcoin and cryptocurrencies confiscated in operations against crime. Also the 194,000 BTC that were held by the Chinese government After its confiscation in 2019 (by dismantling the Ponzi Plustoken scheme) they could have been sold in secret.

In 2024, Germany executed one of the most controversial cryptoactive sales in history, auctioning 50,000 BTC confiscated from the Pirate Movie2K site. It was a movement that already laments. While global reserves are in a redefinition process in the world.

The decision was harshly criticized and qualified as a historical error, since Germany had sold his treasure at the price of bargain. Local analysts and politicians lamented the lack of strategic vision, wondering why Bitcoin was not retained as a reserve, especially when countries like El Salvador followed those steps.

While China and Germany liquidate the cryptoactives that seize, The United States adopts an opposite strategycreating a bitcoin reserve, accumulating cryptoactive confiscated instead of selling them. With this, it establishes that its objective is to accumulate and maintain that asset for national security purposes, long -term economic stability and as a geopolitical tool.

In addition, in the United States the Bitcoin Law, of Senator Cynthia Lummis, is discussed, who raises the acquisition of 1 million bitcoin. This with the idea of ​​»ensuring that our nation takes advantage of all the potential of digital innovation to address our national debt and, at the same time, maintain our competitive advantage in the global economy,» as Lummis said.

If the proposal is approved, the United States would be the owner of about 5% of Bitcoin’s total offer in circulation, calculated at 21 million currencies. And to finance this acquisition, Lummis suggested last November selling the gold holdings of the US government, as cryptooticies reported.

This strategy is a turn in state reserves, Raising Bitcoin to the geopolitical weapon category to compete with coins such as Yuan Digital and ensure American primacy due to the growing importance of digital assets.

Whether seen as a visionary commitment for an active rival of gold or as a calculated tactic, the American strategy is clearly designed to capitalize on the decisions of its competitors and intensify the race for the financial domain.

From the gold standard to the Bitcoin pattern?

Bitcoin sales confiscated by China and Germany not only imply economic losses, but also geopolitical risks that could redefine their position on the global stage.

If China had kept the 194,000 BTC confiscated to Plustoken valued at the end of November 2020, today would have obtained an approximate percentage benefit of 286% Regarding its estimated initial value by the end of 2020, when the price of the digital currency was $ 28,000.

Germany, meanwhile, has already lost 1,360 million dollars by selling its 50,000 BTC in 2024. These figures pale compared to what would be to come.

For some bitcoiners, the currency created by Satoshi Nakamoto will continue to rise in price. Michael Saylor, president of the Strategy company (formerly Microstrategy), will have a price of 3 million dollars in a bearish scenario, 13 million dollars in an optimistic one and up to 50 million dollars in the most extreme case.

However, China shows a clear and growing strategic preference for gold as an active to protect and diversify your reservations. In fact, the Popular Bank of China (PBOC) has been the largest gold buyer among the world’s central banks in recent years (it had been buying 18 consecutive months until April 2024, when he paused). This constant accumulation and a large scale is an unequivocal signal of preference.

In any case, what China does not seem to be taking into account is the reconfiguration that is occurring in the world of finance. On this, said Nic Crypto, CEO of the educational platform on cryptocurrencies Coin Bureau, who suggests that Bitcoin’s price could be about to shoot.

In a recent thread on the social network X, Nic sheds light on an intriguing pattern that could amplify the repentance of China and Germany. According to NIC, «historically, when gold reaches new maximums, Bitcoin tends to enter its own bullish phase.» In 2020, the Pico del Oro preceded Bitcoin’s rebound, which went from $ 10,000 to $ 69,000 between 2020 and 2021.

Today, with gold at record levels (above 3,000 dollars) driven by demand as a safe refuge, Bitcoin is 20% below its historical maximum, consolidating around $ 85,000.

«History provides evidence that BTC follows gold, although with its own calendar,» he writes. However, he warns that it is not guaranteed: if the increase in gold reflects economic stress, Bitcoin could face winds against, especially if it behaves as a technological asset. Despite this, Bitcoin’s foundations, such as institutional adoption and post-halving shortage, reinforce the theory of a next rebound.

For China and Germany, the early sale of Bitcoin is particularly inoportuna. If the pattern is repeated and Bitcoin reaches new maximums, the potential losses will be astronomical. This pattern adds one more layer to the mystery of its decisions.

In essence, Bitcoin’s opaque sales by China, contradictory with its prohibition, and the hasty auction of Germany, widely criticized as myopic, contrast with the strategic vision of the US, which accumulates this pioneer cryptocurrency as a reserve. While China and Germany squanden their advantage in a war that will redefine global power. The battlefield of the 21st century is drawn and we could already be meeting the winners if we know the amount of BTC they possess.