Say he achieves his goal (which doesnt make any sense but lets ignore that), what then? The day they need to encash it and they start selling the price will crash
this post was submitted on 18 Mar 2024
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I don't think the plan is to sell it but to be able make accept payments of good and services in it.
Who's going to be buying and using Bitcoin if it's not affordable?
🤣🤣🤣🤣
cool, here's the plan:
- see el salvador announcement
- buy one bitcoin
- wait for el salvador to buy a few bitcoins
- bitcoin price skyrockets to a few million
- sell your one 50k worth bitcoin for 500k dollars
- profit1!1!1!1!
That might be exactly what he's trying to achieve by announcing it like this. Kinda sounds like a pump and dump tbh.
Whatever your thoughts on cryptocurrency might be, this is borderline gambling addiction.
Just put the whole economy on black.
No, red!
NO, BLACK!
It's kinda hilarious that the soft dictatorship and prison state that makes even America look like a prison abolitionist paradise isn't what's going to sink this idiot, it'll be the fucking bitcoins
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