Technology

most of the shareholders aren't 'plebs'

If i understood it correctly, meta wants to slap its own crypto-currency on everything.

Businesses are following the lead of Microstrategy with keeping BTC on the treasury books to increase profits and hedge against inflation.

Because holding USD is a liability these days.

I don't think people who give or take bribes usually like having a permanent history of the transaction.

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

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.

I had an acquaintance ask me about my opinion on crypto a few years ago and I explained it only has the perceived value and is highly volatile as a result, and that all but a few coins were basically rug pulls waiting to happen. He was satisfied with that and moved on. About a year later crypto had roughly doubled in value and he gave me shit about bad advice (it was an opinion not investment advice) and proceeded to move $10k into some coin I'd never heard of. About a month later a mutual friend said the other guy had lost like $8k of his $10k investment. Next time I saw the acquaintance there was no mention of crypto.