Comment on Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure

throwawayacc0430@sh.itjust.works ⁨1⁩ ⁨month⁩ ago

• Revan343@lemmy.ca ⁨1⁩ ⁨month⁩ ago

  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

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  • joel_feila@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Greece has entered the chat

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• Psythik@lemm.ee ⁨1⁩ ⁨month⁩ ago

  Seriously, I do not have faith in USD anymore. What’s left of my paycheck after bills all goes to BTC, and I sell what I need on demand to cover day to day costs. Been doing this since 2019 and it has paid off handsomely.

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• RedditIsDeddit@lemmy.world ⁨1⁩ ⁨month⁩ ago

  It returns 50-80% on average… so yea, it’s better in that context.

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  • finitebanjo@lemmy.world ⁨1⁩ ⁨month⁩ ago

    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?

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    • RedditIsDeddit@lemmy.world ⁨1⁩ ⁨month⁩ ago

      On average, if you hold bitcoin over time, you would average that in profit.

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      • finitebanjo@lemmy.world ⁨1⁩ ⁨month⁩ ago

        Thank you, I appreciate the clarification.

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