Michael Saylor introduced bitcoin to over 6900 enterprises in his last conference a four weeks ago. There were apparently 100 Fortune 1,000 companies in attendance. The same one where he convinced Tesla to buy BTC. Saylor gave them his entire playbook for how corporations can invest part of their balance sheet in bitcoin.
So imagine if like 50 large companies other than Tesla put BTC on their balance sheet. It would explode.
If this works out for Elon and Tesla...sky is the limit. [Reply]
Originally Posted by scho63:
I'm wondering if this is legal? What happens if Bitcoin crashes?
What if employees don't want Bitcoin?
Seems very risky to me
I assume by him using "offer" and "allow" it means it's just an option.
Paying taxes in Bitcoin made me chuckle though. It's just not what comes to mind when I think of crypto. [Reply]
Originally Posted by scho63:
I'm wondering if this is legal? What happens if Bitcoin crashes?
What if employees don't want Bitcoin?
Seems very risky to me
I'm sure it's optional to accept.
Let hit 50k.
Who's with me? I was gonna sell at 50k but with potentially more Fortune 1000 companies looking to get in on BTC I don't even know if it would be a good idea to sell to a fiat inflationary USD. [Reply]
Originally Posted by BWillie:
I'm sure it's optional to accept.
Let hit 50k.
Who's with me? I was gonna sell at 50k but with potentially more Fortune 1000 companies looking to get in on BTC I don't even know if it would be a good idea to sell to a fiat inflationary USD.
Best crypto advice I’ve ever heard is don’t sell at a price, sell at an event. Buy a house, pay off debt, pay for a wedding, etc. [Reply]
Not Bitcoin, but I follow altcoins and I dabble in day trading. I flew my cousin and his GF down to Florida last weekend for his 40th birthday. We went to Tampa and did some Super Bowl stuff last Saturday then got hammered on Clearwater beach that evening evening and had a badass dinner. The Graph coin... I have been following it for months, had a hunch and in 5 days I paid for everything I was out of pocket and have a little over a grand profit still leftover. [Reply]