This would be a huge step if it happens.
Tesla opened the door for non Wall Street firms to enter Bitcoin. If Mayor Suarez gets his way, Miami will add Bitcoin to its balance sheet. This would likely open the floodgates for other government entities to enter the mix.
https://decrypt.co/57046/miami-mayor-bitcoin-buy
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Don't forget the rumors about Apple. They want to invest billions too.
https://markets.businessinsider.com/currencies/news/apple-stock-price-upside-cryptocurrency-exchange-bitcoin-target-rbc-aapl-2021-2-1030056775
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Keep them coming. Any participation helps with my small sums of BTC and various other coins, and edges us closer to mass global adoption. The $dollar's future is looking dim if you pay attention to how other countries are moving away from our position as the medium of exchange.
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The dollar is looking decent compared to other currencies. But given the current status of the treasury and congress, that could always change. I do think the dollar probably has another leg up before it goes down. All those bonds that foreign banks and primary dealers need to be dumped before they let the dollar burn.
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Dont forget the other central banks are doing the same thing so their currencies arent going to hold up well against the dollar, especially if things get worse economically. If the market gets any fear at all in it, I predict the dollar will explode since that is where everyone will be running to.
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It is not going too soon, still Dollar is most accepted currency in world trade but things always change and will chnge.
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They do change but on a global scale, it takes a long time.
The USD still accounts for more than 70% of the global transactions and the overwhelming about of debt out there is contracted in USD.
Until that changes, the USD will remain strong.
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I'm more happy when I know that soon, they'll come for HIVE when BTC becomes too costly.
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They have close to $200 billion in their piggy bank so dropping a couple billion in Bitcoin is a drop in the bucket.
We will see a lot more activity in this realm.
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That's a huge sum. Seeing all this corporate entities dive into crypto is such a good wmaek unlike here in Nigeria that is the other way round, which is a sad one
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For how long can they walk in a direction against innovation? Soon, another news is coming.
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Yes another news is coming but these people are hard hearted,they'll try all possible ways to keep citizens in the loop.
We all have to prepare for the war that's yet to come, this is just the beginning.
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On this matter, they can't win. The banks are on the sides of crypto holders because that's where there's inflow of money even during lockdown.
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They definitely no doubt are on crypto holders side as there's alot of inflow of money from that sector.
Just that the present government will not back down nor fall for any threats, we all saw how the last protest ends,which is a very sad sad for the whole nation. I hope days like that never come again, as I see another protest hitting the country on cryptocurrency ban.
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They definitely can't win. It's just a matter of time, but before that time, they'll keep hitting as hard as they can to put us down.
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Yeah Nigeria is in bad shape but the entry of the likes of Apple is going to open the gates for more. Ultimately, we need to push things further so that what the Nigerians are holding can really go up in price and get them out of the bind they are in.
With wealth comes power, hopefully to fight the government.
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Hopefully we'll be able to pull it off and maybe get to reverse the ban.
We made a wrong move and a huge mistake by voting for a 78 year old president that knows nothing about education. Only cattle lives matters
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Can the opposite ever happen especially when they are the ones controlling the finances of the nation and by extension control the electoral process. Things would take another shape by 2023.
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I still don't see a bright future in that 2023 election. Just a different day same story. It'll take alot of influence to get things in order. Maybe in 10-20 years when we have alot of crypto billionaires that will step up to put the centralized system in check
The whole thing is f**ked up.
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Crypto allows for control of finances to change. Right now the monetary values are vastly different but the value of crypto is growing.
We need 10,000 more Nigerians on Hive and Leo. That would be a good starting point. Hopefully a lot of them will join projectblank when it goes live.
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Education is available via the Internet. That is the best education there is out there. We are seeing more being taught in school that is useless.
People who are learning about crypto are getting the best education possible, one that will enhance their lives completely.
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There are alot of things being taught in school that I now see as wasting time on irrelevant things thses days.
I'm so grateful for the opportunity that hive and LeoFinance offers. Free education and a easy way to make ends meet
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Very true. The interesting part of this recent drama is that Central Bank in Nigeria helped to preach better the news about crypto and its potency. They helped spread more awareness.
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All I know is that it won't last for long, seeing all this big companies investing into crypto, they will have no other choice than to dance to the beat with time. But now the zeal to have full control over Nigerians lives is drawing them (the government) that this as to do with the #endsars protest
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That's the deep truth. They've helped many people who never understood crypto to start reading about it. Revolution coming.
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Yes, this time around, when they unban crypto, it is coming back with full force, Nigerians are really tired other political plots here
That's one of the reasons government are afraid. They'll be surprised on an overhaul of the list of billionaires in Nigeria in the next 10 years.
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Smiles.
They are scared of growth.... Directly or indirectly everything is destined to change, they need to accept that the power they possess before keeps reducing each day.
They fear the day where an average Nigerian won't be subject to bribery, to aid their evil agenda
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Sadly, that's the mental of every traditionally rich man. They want every other person to remain as slaves.
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If Apple does, that will open up room for another mass adoption. Apple are really followed by luxury brands.
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It was just about time for a change and looks like Mayor Suarez is a tough guy who has the courage to go first.
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I'm just imagining how top Central Bank officials in Nigeria read on their screens that the Richest man in the world bought into BTC.
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hahahaha, really funny. They just hate themselves for saying it at first.
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Just wait until a company like Apple buys twice as much as Tesla.
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That would be awesome. Soon, there is going to be a disruption in the list of richest people in the world due to crypto addition to some people's portfolio.
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I was late to the comment party today but good to see interest in bitcoin is growing
You're never late sir. You're always welcome to the party any day anytime 🎉
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thank you :D btw I prefer "Leo pleb" rather than sir :)))
Smiles alright
Welcome Leo pleb🦁🦁
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