Devin on Nostr: This is almost certainly too bullish to come to fruition. But let's go on an ...
This is almost certainly too bullish to come to fruition. But let's go on an imaginary journey.
Microsoft shareholders vote on their Bitcoin proposal in 5 days. With the price surpassing $100k USD and the marketcap growth if MSTR, I think there is a non-zero chance the shareholders vote to allocate a small percentage of their reserves. If this happens, the likes of Apple, Facebook, Google, etc. are not far behind.
With that info in mind, congress (who we all know votes in accordance with their wallets) will have a lot to gain with the price increase a BSR would lead to even if they only hold index funds. Then we add the states. Then other nations?
I don't know. Maybe I'm crazy. A lot of us take issue with the state getting involved. But if Bitcoin can be ruined by those who own it, what's the point?
And before the "1 bitcoin = 1 bitcoin" comment comes in, I get it. But does 1 bitcoin = a financial cushion for real life where I need to buy goods and services? Or complete time freedom for my family? There is a big difference.
#plebchain #bitcoin #100k
Microsoft shareholders vote on their Bitcoin proposal in 5 days. With the price surpassing $100k USD and the marketcap growth if MSTR, I think there is a non-zero chance the shareholders vote to allocate a small percentage of their reserves. If this happens, the likes of Apple, Facebook, Google, etc. are not far behind.
With that info in mind, congress (who we all know votes in accordance with their wallets) will have a lot to gain with the price increase a BSR would lead to even if they only hold index funds. Then we add the states. Then other nations?
I don't know. Maybe I'm crazy. A lot of us take issue with the state getting involved. But if Bitcoin can be ruined by those who own it, what's the point?
And before the "1 bitcoin = 1 bitcoin" comment comes in, I get it. But does 1 bitcoin = a financial cushion for real life where I need to buy goods and services? Or complete time freedom for my family? There is a big difference.
#plebchain #bitcoin #100k