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13 sats \ 1 reply \ @Maximux 1h \ on: Arizona enacts new law to establish a Strategic Bitcoin Reserve bitcoin
What do you think about this news? Do you see it as a positive thing? From what I see, each state is taking different paths, using different variants.
I've had a very busy day news-wise today. I've been following the rising price of Bitcoin, the Fed Chairman's statements, the start of the new Pope's election, and the conflict between Pakistan and India. All of this and more influences the global economy and, consequently, our lives. In short, a lot of news today.
The state of Florida is missing out on the opportunity to pioneer decentralized finance. Other states will seize that opportunity and create their own Bitcoin Strategic Reserves. The most forward-thinking states will be the ones to adopt Bitcoin the fastest.
Metaplanet has made the most strategic financial decision: buying Bitcoin. Other companies that haven't yet done so are missing out on the opportunity to acquire a unique asset, even superior to gold.
Victories are achieved little by little, step by step. This news is a small step that brings us closer to the ultimate triumph. I think we should enjoy the process. Let's celebrate Bitcoin's progress.
I don't know much about Antarctica, but what does surprise me is the large number of conspiracy theories there are about that region of the planet π
I think switching from fiat currency to Bitcoin while ensuring privacy is complicated. Fiat currency doesn't guarantee privacy. Perhaps one of the few options would be to make the exchange physically: using cash (in which case, personal security measures would be necessary to avoid risks with potential sellers).
The example you mention is a simple case of freelance. I am referring to something bigger, with a greater social impact. A platform where developers and entrepreneurs who need capital to make their dreams come true can go. Then they take out a loan in Bitcoin at 3% or 4% to work. Then they pay back the loan also in Bitcoin. This contributes to the adoption of the Bitcoin economy.
You misunderstood me my friend. I am referring to a Bitcoin-only platform. Lending Bitcoin β‘ for projects or receiving Bitcoin β‘ loans for projects. Only using Bitcoin β‘. That is what I meant.
Today, anyone in the world could be buying fractions of Bitcoin, but many do not. Therefore, through ignorance or lack of foresight, they are putting themselves in an unfavorable financial position in the future. If a new BTC financial elite were to be created, it would be made up of those who made the right decision.