Post
Topic
Board Bitcoin Discussion
Re: Square Says It Bought $50 Million of Bitcoin
by
TryNinja
on 09/10/2020, 02:36:32 UTC
What would Square do with 50mil worth of Bitcoin? What are they working on or planning to do?
Reserve of value? You know the US Dollar is basically a shitcoin, right? 22% of their whole USD reserves were printed this year alone. The bubble pop is near and BTC can't be printed. They are investing in the future and trying to not lose a shit ton of money (purchase power) they have stored in a bank account, being eaten by inflation.