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Topic: Meta Shareholders Push for Bitcoin Reserves - page 2. (Read 215 times)

legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
January 13, 2025, 10:04:37 AM
#8
What do you think?

Do you think this situation would have the same fate as Microsoft and the offer to them?

Well, in this case I am more hopeful than in the case of Microsoft, because everything will depend on what Mark Zuckerberg wants, it is not like in the other cases that it depends on the vote. The vote will take place because it is a formality, but if Zuckerberg wants to buy bitcoin and if he doesn't, he doesn't. This makes me optimistic, though:

Mark Zuckerberg Has a Goat Called Bitcoin. What Does This Mean?

And even if the article says that he once killed one of his goats to eat it, which is entirely logical, the fact that he chooses that name is indicative. I believe he owns some bitcoin personally.


legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
January 13, 2025, 09:54:54 AM
#7

Maybe they are just scared old grumps out there thinking that they might lose their money if Bitcoin suddenly dump. Maybe they also think that their decision has been justified especially when they see current bearish situation happened on Bitcoin. But hopefully they realize that they made a wrong assumption on Bitcoin and open this topic again then make this plan come into reality.





Don't be so quick to judge them when we are not them and I believe if one of us had billions of dollars we would also have different thoughts and decisions about bitcoin. Just because they are not rushing to invest in bitcoin, we should not judge them and assume they are making a mistake. If they were people who kept making wrong decisions, they would not be able to become rich, own billions of dollars and become shareholders of a corporation with a capitalization of up to trillions of dollars.

I believe they have their reasons for not rushing to invest in bitcoin and just because they haven't invested in bitcoin doesn't mean they won't invest in it in the future. The rich have their own way of playing, they can invest after us, buy at a higher price than us but they will get better returns than us.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
January 13, 2025, 08:28:53 AM
#6
Do you think this situation would have the same fate as Microsoft and the offer to them?
Microsoft shareholders may not accept bitcoin today but remember they might be convinced tomorrow. There was a time banks are very hostile against bitcoin but see today as governments want to make bitcoin both national and states reserve. It is good to know that Microsoft may later accept.

We do not know if Meta shareholders will accept or not. Let us wait and see if they will accept or not. Be it anyway, bitcoin adoption continues.

Maybe they are just scared old grumps out there thinking that they might lose their money if Bitcoin suddenly dump. Maybe they also think that their decision has been justified especially when they see current bearish situation happened on Bitcoin. But hopefully they realize that they made a wrong assumption on Bitcoin and open this topic again then make this plan come into reality.

Also base on this article their shareholders really like to participate on Bitcoin investment https://www.investing.com/news/cryptocurrency-news/shareholders-urge-mark-zuckerberg-to-buy-bitcoin-for-meta-3808005 So I guess that everything will depend now on the decision of Mark Zuckerberg now. Let see if they announce something amazing and will not follow what Microsoft did.

?
Activity: -
Merit: -
January 13, 2025, 07:39:43 AM
#5
Do you think this situation would have the same fate as Microsoft and the offer to them?
Microsoft shareholders may not accept bitcoin today but remember they might be convinced tomorrow. There was a time banks are very hostile against bitcoin but see today as governments want to make bitcoin both national and states reserve. It is good to know that Microsoft may later accept.

We do not know if Meta shareholders will accept or not. Let us wait and see if they will accept or not. Be it anyway, bitcoin adoption continues.

Big fellas are still in the dark regarding the possibilities they are missing, in my opinion.
There is a lot to unpack for them and the ones to be the first would be having a lead  Wink Like Saylor, for example.
legendary
Activity: 1106
Merit: 1337
Lightning network is good with small amount of BTC
January 13, 2025, 07:24:34 AM
#4
Do you think this situation would have the same fate as Microsoft and the offer to them?
Microsoft shareholders may not accept bitcoin today but remember they might be convinced tomorrow. There was a time banks are very hostile against bitcoin but see today as governments want to make bitcoin both national and states reserve. It is good to know that Microsoft may later accept.

We do not know if Meta shareholders will accept or not. Let us wait and see if they will accept or not. Be it anyway, bitcoin adoption continues.
hero member
Activity: 2954
Merit: 719
January 13, 2025, 06:45:44 AM
#3
With all this positive news about Bitcoin reserves, it’s only a matter of time before we see a company taking the lead on this. It just takes one big player to start, and the rest will likely follow. However, it would be even better if the US government made the first move, having the regulators themselves involved would definitely boost confidence for companies considering it.

But let’s see how that proposal unfolds. It’s still early, so there’s a lot to watch for this year.  Smiley
legendary
Activity: 2338
Merit: 1923
January 13, 2025, 06:38:37 AM
#2
First of all, I hope they are smarter than Microsoft. Mark Zuckerberg is privately positive about bitcoin. I think he named his goat bitcoin, so thats a little bit crazy. And all the cash from Meta is supposed to be invested in bitcoin to avoid inflation and increase assets. I think the chance is much higher than that of microsoft, but whether that really happens... we'll see. The fact that it is being discussed in public is good publicity for bitcoin.
?
Activity: -
Merit: -
January 13, 2025, 06:21:54 AM
#1
Meta shareholders have suggested that the board of directors consider buying BTC as a strategic reserve for the company.

What do you think?

Do you think this situation would have the same fate as Microsoft and the offer to them?

Source.
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