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How much does the government get from bitcoin?
That would be more than $1.3 billion today. The government has obtained all that bitcoin by seizing it, alongside the usual assets one would expect from high-profile criminal sting operations. It all gets sold off in a similar fashion.What if the government sold its bitcoin stake?
Had the government sold its bitcoin stake when the price of the token peaked above $67,000 last month, coffers would have been a whole lot bigger than if they liquidated at today’s price. Once a case is closed and the crypto has been exchanged for fiat currency, the feds then divvy the spoils.Is government regulation influencing bitcoin prices?
In a June note, analysts at Morgan Stanley suggested that government regulation might be a factor influencing bitcoin prices. According to them, “governmental acceptance would be required for this (bitcoin’s price) to further accelerate, the price of which is regulation.”How much was the first bitcoin worth in 2010?
The BitcoinTalk forum member NewLibertyStandard set up New Liberty Standard Exchange, and another forum user - Sirius - sent him 5050 BTC in exchange for $5.02 through PayPal. This puts the first recorded price at which Bitcoin exchanged hands at $0.00099/BTC. How Much was 1 Bitcoin Worth in 2010? Bitcoin's price never topped $1 in 2010!