BNB $607.00 -1.16%
XRP $1.22 -0.77%
ETH $1,794.42 +1.65%
BTC $65,806.68 -0.58%
BNB $607.00 -1.16%
XRP $1.22 -0.77%
ETH $1,794.42 +1.65%
BTC $65,806.68 -0.58%
BREAKING
Bitcoin News

Senate OKs $2.5 Trillion Dollar Advertisement for Bitcoin (BTC)

Senate OKs $2.5 Trillion Dollar Advertisement for Bitcoin (BTC)

Community Trust ScoreVerified

94%
Real
Verified31 votes
Updated 5 years ago

Tyler Winklevoss Expressed:  BREAKING: Senate OKs $2.5trillion dollar advertisement for bitcoin.

Michael Saylor replied:  It would appear that Bitcoin has government support.

Community Response:  Even if the governments of the whole world support Bitcoin, it will not stop falling until the 25th of December

Even if the governments of the whole world support Bitcoin, it will not stop falling until the 25th of December.

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A myth just like toxic masculinity everyone is free to have their favorite coin.  I thought bitcoin doesn’t need the government support.  A One Million Dollar Bitcoin creates up to 20 Trillion in potential stimulus. A 3-5 Million Dollar handle fixes us all. They must know this. They can’t not know this.

Dangerous the child’s imagination is, when it has all the cookies and all the time. A powerful government- is no government. It’s an institution for pushing its own agenda. Led by whom? Why? For what? For where? How? The rabbit jumped onto the tortoises back. Why?

I think we should let the public know that Bitcoin will be accepted at the MicroStrategy Merch store and all vending machines throughout the building. That should guarantee us a nice 25% boost.

Stop talking about bitcoin in terms of dollars and then it will become adopted. I have been in the game since 2013 and the only way to get rich in Bitcoin is to cash out in dollars.

Where are we in the cycle and why we haven’t reached the cycle top the crypto space has historically worked off 4-year cycles and are strongly tied to the performance, halvings and adoption of BTC.

The reality is that this money will pump Bitcoin but when the crush will happen bitcoin will be the one that crush the most as it is happening now so not sure your story telling is correct.

 

Really? So, the government are lending support to what would be the main competitor to their planned CBDC? Doesn’t that ring alarm bells for hodlers? They want total control of every aspect of your income and life. They are never going to help anyone gain financial independence.

It would appear? It has been clear since the very early days, to someone.  And, moreover governments can obtain Bitcoin support.  El Salvador is just a start.

Serious Question: Do you fear that countries can come together to tax/regulate Bitcoin to the point it’s not worth having?

In a lot of countries like USA , UK buying lottery tickets & gambling in casinos is totally legal, but when it comes to investing in Bitcoin and crypto the regulators have been very slow letting blanket security statements making us look like goats.

Community Trust IndexHigh Confidence
94%
Real
Real94%6%Fake
31 community signals

Dan Saada

Dan Saada holds a Master of Finance from ISEG Business School (France). With years of experience covering digital assets, Dan specializes in cryptocurrency market analysis, blockchain technology, and decentralized finance.

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