Given the new investment, there are 1220 BTC on the balance sheet of the state fund (about $ 67.3 million at the rate at the time of writing). “100 additional coins were bought at a discount,” wrote Bukele. [link] [comments] |
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Sunday, 28 November 2021
Salvador's Bitcoin Fund bought an additional 100 BTC
If Bitcoin can be compared to 'digital gold'. Can currencies be backed by Bitcoin?
My understanding of Bitcoin is that it is a digital asset, much like physical gold.
If that is the case, Much like how currencies used to be backed by gold reserves. If you held enough Bitcoin, could you create a new currency back by Bitcoin?
I presume it would be highly volatile, but it'll be pretty cool!
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Just YOLO’ed my inheritance into BTC.
Thanks memaw.
Edit: for those wondering how much I don’t want to say exactly…but it was either all-in on BTC or I could have bought 100,000 cans of tennis balls.
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Best coin???
What is the best coin to buy right now? Why? How much do you own?
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source https://www.reddit.com/r/btc/comments/r3o760/best_coin/
Others will get Bitcoin... when it's too late
The other day I happen to mention to my manager that I was in to Bitcoin, his reply was 'Bitcoin is the biggest ponzi scheme ever and I won't be touching it, people must be stupid to buy it.' I just smiled and stayed silent, no need to try and change his mind, I'll look forward to when Bitcoin is $1 Million, quit my job and enjoy watching the sorry look on his face 😁 See ya!
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Crypto is pretty much the only reason I used Reddit anymore, and I'd like to stop using this website. submitted by /u/TheTruthHas...
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submitted by /u/FearlessEggplant3036 [link] [comments] source https://www.reddit.com/r/btc/comments/12gt49l/supposedly_insiders_in_t...
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submitted by /u/KillerHurdz [link] [comments] source https://www.reddit.com/r/btc/comments/a6bm9y/discussing_bitcoin_power_dyn...