FenrirIII@lemmy.world to politics @lemmy.world · 11 hours agoTexas House introduces bill to establish a strategic bitcoin reservewww.cnbc.comexternal-linkmessage-square18fedilinkarrow-up136file-textcross-posted to: texas@lemmy.worldtechnology@lemmy.worldcrypto@lemmy.ml
arrow-up136external-linkTexas House introduces bill to establish a strategic bitcoin reservewww.cnbc.comFenrirIII@lemmy.world to politics @lemmy.world · 11 hours agomessage-square18fedilinkfile-textcross-posted to: texas@lemmy.worldtechnology@lemmy.worldcrypto@lemmy.ml
minus-squareRagdoll X@lemmy.worldlinkfedilinkarrow-up8·edit-27 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-22 hours 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-squareprolelinkfedilinkarrow-up1·3 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?