Re:Bitcoin surpasses $50K as major companies jump into crypto
by worker767424 on Wednesday February 17, 2021 @01:12AM
(#26163282)
Would you rather buy all the shares of Facebook for $1 or all the bitcoin?
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Re:Bitcoin surpasses $50K as major companies jump into crypto
by Sinbe on Wednesday February 17, 2021 @01:48AM
(#26163464)
Shares of Facebook for sure. Bitcoin's value is in the network effect, you can easily create a bitcoin clone but it's worth nothing if you are the only one hogging all the coins.
Re:Bitcoin surpasses $50K as major companies jump into crypto
by rkagerer on Wednesday February 17, 2021 @05:27AM
(#26164843)
Agree but for a slightly different reason. If I acquired all the Facebook shares I could do the world a favor and kill off the company.
Re:Bitcoin surpasses $50K as major companies jump into crypto
by worker767424 on Wednesday February 17, 2021 @12:10PM
(#26168702)
It's hard to make that call when you're making life-changing money every day. Alternatively, you could completely change the company's focus.