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US Government To Auction 4.94 Bitcoin Worth Over $300,000

GSA Auctions will auction 4.94 BTC in five different lots between October 26 and 28, its website shows.

  • The U.S. government will auction 4.94 BTC worth over $300,000 in the next few days.
  • The auction will be held by GSA Auctions, the federal government’s online clearinghouse for surplus, U.S.-owned assets and equipment it wishes to sell.
  • The 4.94 BTC will be auctioned in five different lots of 1.5, 1.25, 1, 0.75, and 0.44 BTC.

The U.S. government is hosting Fall for Cryptocurrency, an online bitcoin auction event, between October 26 and 28, 2021. Nearly 5 BTC will be auctioned in five different lots. In April, the U.S. government sold 9.45 BTC at a notable discount compared to market prices.

The 4.94 BTC will be auctioned in five different lots. Source: GSA Auctions.

U.S. government auctions are performed by GSA Auctions, a service of the United States General Service Administration (GSA) that functions as the federal government’s online clearinghouse for surplus, federally-owned assets, and equipment.

Bitcoin auctioned by GSA is usually sold at a discounted price. In April, the government agency sold 9.45 BTC, worth $520,000 at the time, for $487,000, meaning that buyers were able to scoop bitcoin at more than 6% below market price.

The argument can be made that privacy is the actual tradeoff. The buyer is, in this case, spending less dollars at the expense of their personal information, as purchasing BTC from the government is the most invasive know-your-customer (KYC) scenario possible.

Some people may still find it attractive and worthy to hand over their personally-identifiable information (PII) for a small discount, in which case the GSA auction could be an opportunity. But caution is warranted, given the value proposition of Bitcoin may be compromised depending on the level of identifiable information a watcher possesses of a Bitcoin user.

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I am working on a bet app which is someone else project. I am currently learning and researching it. I am using it locally with ganache truffle and it works fine on one browser a bet is created but when from other account in fire fox it gives me the following error Home page on::Listen

I am working on a bet app which is someone else project. I am currently learning and researching it. I am using it locally with ganache truffle and it works fine on one browser a bet is created but when from other account in fire fox it gives me the following error

FIREFOX

Home page on chrome after creating a bet

Chrome

And homepage when I open on firefox to act as second player who will join this bet

as soon as I click on join bet i get the mentioned error

On firefox

What I have tried:

I have try to hit url from other pc by installing ganache on it but as it is on local so no contract were found I have also tried using chrom incognito mode but it didnt work also the demo of actual app works fine : https://www.youtube.com/watch?v=EFluHroArwI&t=212s

in video they are using konan test but I am using localhost and i want to go with it i have also tried restarting browser and install metamask again

US Government To Auction 4.94 Bitcoin Worth Over $300,000

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