Post
Topic
Board Altcoin Discussion
Re: Reddit has invested in crypto: the beginning of a new crypto wave?
by
fzkto
on 24/02/2024, 16:55:51 UTC
Lots more corporations & institutions will be putting Bitcoin on their balance sheet in the coming years. They will have no choice but to do so with the way traditional banking interest & stocks perform. It would be negligent for them not to have an allocation to the best performing asset of the last decade. It’s going to be interesting to witness, we are here before most of the population.
Yes, a bitcoin etf was recently approved where big funds bought a lot of bitcoin. Michael Saylor buys bitcoins on a regular basis. Tesla can be bought with bitcoin. In El Salvador, bitcoin is the national currency. This list could go on and on. So it's unlikely that reddit will have much of an impact on this market.