Final Word from Thursday, July 3, 2025
In answer to a question about whether the bitcoin affair of ex-Justice Min. Pavel Blažek of ODS will have a negative impact on his plan to add bitcoins to the CNB's reserves, Gov. Aleš Michl told Terezie Tománková of CNN Prima News on Sun. that it wasn't a problem of bitcoin. "It's a problem of money-laundering." This is basically the opinion of the opposition, too, and in this light the timeline exercise of new Justice Min. Eva Decroix of ODS looks like a red herring. More useful would be a diagram of the kind Petr Honzejk of HN drafted in 2011 about how business and politics work in the CR. In his version, all roads led to Roman - Martin Roman. In the bitcoin version, Blažek would likely be at the center, with most of the lines leading to or from him. Even more useful than a regular diagram would be a Venn diagram, broken down into those who worked on the "money-laundering" scheme in one way or another, those who could have potentially profited from it and those who are now trying to cover all the tracks. Of those in the very center, chances are that Blažek is only one who has suspended his ODS membership. [ Czech Republic Partie Hospodářské noviny dirty money Czech National Bank ]
Glossary of difficult words
Venn diagram - a graph that employs closed curves and especially circles to represent logical relations between and operations on sets and the terms of propositions by the inclusion, exclusion or intersection of the curves;
red herring - a clue or piece of information which is or is intended to be misleading or distracting.