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porsche13 @ porsche13 @lemmy.today
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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

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    • 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

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  • Just like MS' shareholders did. Most of these big companies don't need to at the moment given how successful they are under the current system but eventually they will.

    There is no logical reason not to hold BTC on your balance sheet over short duration US treasuries. One is an appreciating asset that has been growing at 50-60% per year since inception, while the other can't even keep up with inflation. And Trump has made it patently clear only four months in office that the US and the entire dollar system can't be trusted anymore. Hence more and more foreign countries and entities moving their capital out of US stocks/bonds and into gold, international equities, bitcoin, etc.

    • Apple deadnamed the Gulf of America and conservatives are triggered

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  • Is this what small government looks like? I thought these guys were all about reducing regulations and allowing businesses to do as they please, free from government restrictions.

    • Decentralized Social Media Is the Only Alternative to the Tech Oligarchy

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  • Decentralized money as well. We need to move away from the control of government and corporations (they are now one and the same). I'm putting more and more of my money in bitcoin. The dollar will continue to erode while wages stay flat. And Trump and his new oligarch buddies will completely decimate the American economy and stock market while they make out like bandits, leaving everyone else the bag holder. Your 401k isn't safe anymore.