The UK Chancellor Rachel Reeves is considering selling 61,000 BTC seized from a 2018 fraud case to address a £20 billion fiscal shortfall. While this sale could provide immediate financial relief, experts caution it mirrors past government asset sales that ended poorly. The recent surge in Bitcoin's value and shifts toward a pro-crypto environment may complicate this decision. Concerns are raised regarding the real net receipts from a sale, which could be reduced due to compensation obligations and legal fees. Historical examples warn against rushing such asset decisions.
"Fiscal pressure shouldn't drive poor asset decisions."
"Turning these assets into instant cash is tempting, but it risks repeating historical errors."
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