Bitcoin

Large Governments Already Buying Bitcoin, A. Pompliano Guesses

Morgan Creek co-founder, and prominent Bitcoin and crypto evangelist, Anthony Pompliano, has tweeted that “at least one large government has already bought a significant amount of bitcoin”,

“Pomp”, as he is often called, is not wrong. Both the Bulgarian and Israeli government hold a lot of bitcoin, and the former especially has a lot, approximately 213,000 BTC according to digital asset management firm Blocktown Capital,

In May 2017 the Bulgarian government seized 213,519 bitcoins from 23 individuals, and these individuals reportedly created a virus that affected government systems.

Abhimanyu Krishnan

Abhimanyu is an engineer on paper but a writer by living. To him, the most celebratory aspect of blockchain technology is its democratic nature. While he’s hodling, he can be found reading a good book or making the local dogs howl with the sound of his guitar playing.

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Abhimanyu Krishnan

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