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Home»Web3»The German Gov is Now Receiving Unsolicited Crypto Transactions
Web3

The German Gov is Now Receiving Unsolicited Crypto Transactions

July 16, 2024No Comments2 Mins Read
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TL;DR

Full Story

The German Government has offloaded all of their crypto…

So why does their wallet now have $409.86 in it?

Turns out, there are people out there who would love to send the German Gov a message.

Once they started dumping their BTC, it became easy to figure out which wallet address was theirs and in the past 3 days they’ve received 18 transactions.

Unfortunately we can’t repeat most of the messages associated with wallets which have sent the German Gov – otherwise this edition would be sent straight to spam.

So instead, we’ll mention one which is about BTC itself (rather than a BTC maxi’s view of the German Gov):

“Eine schoene, zensurfreie Buehne gebt Ihr uns” OP_Return data from a $1.23 Bitcoin transaction on July 13 read.

When translated, that means: “You give us a beautiful, censorship-free stage.”

Hold up, what’s ‘OP_Return’ data?

OP_Return is a field used for data storage which can be attached to a BTC transaction.

Problem is, any Bitcoin attached to OP_Return transactions is no longer able to be traded ever again, because the so-called opcode marks a transaction’s output as invalid.

Long story short, BTC sent with OP_Return data is purely symbolic (and essentially no longer in circulation).

Alright, now you know!

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See also  SEC admits certain crypto enforcement cases delivered no investor benefit
Crypto German Gov receiving Transactions unsolicited
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