5天前

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

www.dlnews.com Meta’s Bitcoin treasury play flops as 99% of shareholders say no

Meta shareholders rejected the Bitcoin plan with less than 1% in favour. The proposal called Bitcoin a hedge against inflation and weak bonds. GameStop and Metaplanet are among firms copying Saylor’s Bitcoin play.

Technology @programming.dev

www.dlnews.com /articles/markets/meta-bitcoin-treasury-play-flops-99-shareholders-vote-no/

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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
- 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.
- 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.

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