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20 sats \ 1 reply \ @ek 28 Nov
This is the law why Germany sold:
(1) An object which has been seized pursuant to section 111c or attached pursuant to section 111f may be sold if there is a danger of its deterioration or of its suffering a significant loss in value, or if its storage, maintenance or upkeep gives rise to significant costs or difficulties (emergency sale). The proceeds of sale take the place of the object sold.
(2) The emergency sale is ordered by the public prosecution office. Its investigators (section 152 of the Courts Constitution Act) have this authority if there is a danger of the object deteriorating before a decision can be obtained from the public prosecution office.
(3) The persons affected by the seizure or attachment are, as a rule, to be heard before the order is made. The order and the time and place of the sale are to be made known to them insofar as this appears feasible.
(4) The public prosecution office is responsible for conducting the emergency sale. The public prosecution office may delegate this task to its investigators (section 152 of the Courts Constitution Act). In all other respects, the provisions of the Code of Civil Procedure concerning the realisation of objects apply analogously to the emergency sale.
(5) The person concerned may apply to the court competent pursuant to section 162 for a decision against the emergency sale and its enforcement. The court, in exigent cases the presiding judge, may order the suspension of the sale.
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If they had really understood the future value of what they were holding, they would have changed ze Rules!
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Hopefully, they will be learning from their mistake hopefully
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Very interesting!
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Which Stacker does this remind you of?
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definitely not ek 😂
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As I always said: govs, states cannot handle BTC. It's impossible. Bitcoin is for individuals.
You said "germany gov is broke", but WHO is this government?
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You said "germany gov is broke", but WHO is this government?
the broke is a pun using the bitcoin b. Although the govt is technically broke lol
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govs should not exist.
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Bitcoin has been consolidating above the $90,000 support zone for the last ten days, reaching an all-time high of $99,645 about a week ago. However, it has been closing below a short-term downtrend line, risking a drop to two-week lows. Despite this, the cryptocurrency has had one of its best months, jumping over 47% from its monthly opening to its latest high. Analysts suggest that Bitcoin must close above the $97,000 level to break out from the trendline. The biggest resistance level ahead is the $96,614 mark. Bitcoin currently records a 36.6% monthly return, with potential for further gains in the last two days of November.
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Great video!
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It's worth exploring, I agree, always be careful about guarding your wallet, as many people find themselves losing their bitcoins.
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