FenrirIII@lemmy.world to politics @lemmy.world · 11 hours agoTexas House introduces bill to establish a strategic bitcoin reservewww.cnbc.comexternal-linkmessage-square17fedilinkarrow-up135arrow-down11file-textcross-posted to: technology@lemmy.world
arrow-up134arrow-down1external-linkTexas House introduces bill to establish a strategic bitcoin reservewww.cnbc.comFenrirIII@lemmy.world to politics @lemmy.world · 11 hours agomessage-square17fedilinkfile-textcross-posted to: technology@lemmy.world
minus-squareRagdoll X@lemmy.worldlinkfedilinkarrow-up8arrow-down2·edit-26 hours agoDidn’t some country already try this and fail miserably? Edit: Oh yeah, El Salvador invested $150M in bitcoin only for it to lose half its value lol
minus-squareiceonfire1@lemmy.worldlinkfedilinkarrow-up1·edit-21 hour agoAs of March 2024, El Salvador’s bitcoin gambit stood at a 50% profit, with bitcoin having recorded a new all-time high of over $69,000. --the article
minus-squareprole@lemmy.blahaj.zonelinkfedilinkarrow-up1·2 hours agoBitcoin has only gone up so I’m not sure how that would even be possible…
Didn’t some country already try this and fail miserably?
Edit: Oh yeah, El Salvador invested $150M in bitcoin only for it to lose half its value lol
As of March 2024, El Salvador’s bitcoin gambit stood at a 50% profit, with bitcoin having recorded a new all-time high of over $69,000. --the article
Bitcoin has only gone up so I’m not sure how that would even be possible…
Did you read the article you posted?