Why would they in the first place? It would be like a newspaper buying gold. If investors want to buy bitcoin they can just do that.
Because holding USD is a liability these days.
Is it?
Seems like petrodollars have been riding high for decades.
Since you’ve missed the news, the USA has been overtaken by a fascist christian white supremacist party who gut social programs, cut science funding, literally completely disbanded the department of education, increased the defficit, and enacted large Tariffs on every other nation.
the USA has been overtaken by a fascist christian white supremacist party
For the third time (assuming you don’t count Congressional cycles) in twenty years. I’ve spent a solid 13 of the last 25 years living under a Christian Fascist presidency. Why am I supposed to assume that will devalue the dollar this time around?
You’re either pretending this administration isn’t worse than any previous example or you are woefully naïve.
Businesses are following the lead of Microstrategy with keeping BTC on the treasury books to increase profits and hedge against inflation.
But now they’re essentially just a bitcoin proxy, they even changed the logo to have a bitcoin on it.
Now that there’s lots of ETFs and stuff, why buy Microstrategy and not just bitcoin?
If you own a share of meta then you own a share of meta and meta owns a mix of assets ranging from physical to various liquidity, whether its USD or BTC there isn’t any difference in this regard.
I due not want my corporation holding Bitcoin, if I want exposure I’ll buy Bitcoin directly. They should be holding a bit of debt optimally.
TBH if the choices are USD or BTC then I think the latter has a better future at the moment.
BTC is still less stable. It will need to stop being a pump and dump cycle target before it could claim a true future.
With a Market Cap of 2 Trillion it’s pretty difficult to impact the purchase price as an individual or group. Even a small nation would struggle with it.
I think the latter has a better future at the moment.
Crypto ‘godfather’ of Bel-Air: Probe widens into L.A. deputies’ alleged links to mogul
- Federal authorities accuse Adam Iza, a cryptocurrency entrepreneur, of financial conspiracies and extortion.
- Prosecutors allege Iza used L.A. County sheriff’s deputies to carry out his criminal bidding.
- Iza has pleaded not guilty. A judge ordered him jailed despite claims that he needs medical care after a cosmetic leg-lengthening procedure.
If you want a deeper dive, check out the TrueAnon episode series Zort a three-parts-and-counting plunge into the seedy underbelly of Cryptocoin scams, extortion, leg-lengthening surgery, LASD rampant corruption, and age-gap discourse.
Oh no! Lmao. You’ve really only demonstrated that you don’t understand what Bitcoin is, that you think Iza owns and operates it.
With how volitile the USD is under ahem this administration, Bitcoin is probably the slightly less shittier option.
If only there were some other major currency, maybe controlled by some larger union of countries so that one country’s poor decisions can’t tank it
Greece has entered the chat
It returns 50-80% on average… so yea, it’s better in that context.
I didn’t really parse what your comment is saying. Are you saying that whenever you buy BTC you later sell it for half your buy average? Or are you saying like 150%?
Is it just you or are you implying that everyone loses/gains 50% from the magical BitGoblin?
On average, if you hold bitcoin over time, you would average that in profit.
Thank you, I appreciate the clarification.
The Cult of the Torment Nexus knows a scam when it sees one.
I bet Zuck is regretting not going forward with their crypto scheme
Who was the 1%?
deleted by creator
Why not Dogecoin?
yeah people don’t understand DOGE might be the best investment known to mankind
spoiler
because some people on this thread cant take a joke, \s
