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BNB $603.71 +1.68%
XRP $1.16 +2.46%
ETH $1,682.40 +3.36%
BTC $63,424.81 +2.20%
BREAKING
Bitcoin News

If you Can’t hold Bitcoin (BTC) for 10 years Then Just Stay Away

bitcoin

Community Trust ScoreVerified

89%
Real
Verified9 votes
Updated 5 years ago

Michael Saylor:  Bitcoin miners are making Bitcoin stronger as they raise capital, recruit talent, build facilities, upgrade technology, join communities, support the local economy, secure the network, mine bitcoin, and HODL it on their balance sheets.

Community Response:  Why you did not tweet about the Bitcoin crash you just tweet to manipulate people to buy Bitcoin but why you did not tweet about the bitcoin crash? At least there should be one tweet on that topic? It looks very fishy.

What crash? BTC been pumping for 12 years from less than a penny to now 47k.

Read it again I said there should be at least one tweet explaining what could have happened.

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Buy bitcoin, expect volatility and stop whining. If you can’t hold BTC for 10 years then just stay away. Simple.

As more of society begins to adopt, the likely people who currently don’t have access to financial systems will. Only step is to ensure cells phones are made available to places that need them. For example, El Salvador. Are there any ongoing campaigns to address this need?

Everyone has a cell phone.

Unfortunately, not the case. Listening to a twitter space yesterday about BTC where an individual from El Salvador literally expressed the need for cell phones.

Meanwhile CNBC reports that, El Salvador’s new bitcoin wallets could cost Western Union $400 million a year.

Real Response from Real El Salvadorians:  CORRECTION: El Salvador’s new Bitcoin wallets save impoverished people $400,000,000/year in bank fees.

Poor country saves $400M on money transfer fees by using bitcoin?

Don’t base this claim on what that liar Bukele has said; the government is interested in giving imaginary tokens and keeping the real dollars, Chivo ATMs don’t have any cash– what a great plan to impoverish even more the people!

Bitcoin has transferred $400 million in wealth from Western Union to the people of El Salvador. And will do so every year.

Change the headline: Bitcoin will save El Salvadorians 400M in Western Union Fees.

Rent seeking institution, Western Union, will no longer be able to profit from the hardships of human beings by an order of $400 million a year. Thanks to El Salvador’s adoption of Bitcoin as legal tender.

Correction “Will” but the good news is that money now goes to those families that need it. Western Union fees always cut into the amount of money I sent back home to family.

 

 

Community Trust IndexModerate Confidence
89%
Real
Real89%11%Fake
9 community signals

James Thorp

James Thorp is a passionate crypto journalist from South Africa specializing in Litecoin, Dash, and emerging digital assets. With years of experience covering the crypto markets, James delivers in-depth analysis and breaking news on altcoins, blockchain adoption, and decentralized payment networks for The Currency Analytics.

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