The German Gov is Now Receiving Unsolicited Crypto Transactions

TL;DR

• People have been sending messages (and crypto) to the German Government’s wallet using the OP_Return data field (we'll explain what that is).

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!