Over the last few years, Bitcoin has gained a reputation as an investment commodity. It has been toted as a method to preserve wealth and to hedge against currency devaluation as bitcoins cannot be “printed”.
The move is part of a plan to sell the government's holdings in 10 state-owned companies over this year and next to boost foreign investment and revive growth.
One wonders then how much greater the value-destruction in the sector would be if these properties were properly removed from the books of their current holders.