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[SCAMEXPOSER]

Information available according to Nairametrics, Gemini Exchange platforms founder has revealed that most global institution are buying bitcoin to bouycot inflation.

Microstrategy is one amongst the companies that has recently adopted and bought bitcoin as save means of investment.

What do you make of this ?

 

[microunit]

I think countering your loss from the inflation by investing it to bitcoin is kinda a good move to an extent as it is also a risk, but I think if it's a long term investment one, as bitcoin is deflationary you can somehow gain more or get back how much you invested

 

[SCAMEXPOSER]

The volume of bitcoin the companies buy will determine how long they can. hold it , if the volume is high even a 10% hike is a reasonable profit in a very short time.

 

[Deyiang]

Information available according to Nairametrics, Gemini Exchange platforms founder has revealed that most global institution are buying bitcoin to bouycot inflation.

Microstrategy is one amongst the companies that has recently adopted and bought bitcoin as save means of investment.

What do you make of this ?

It is welcome development very soon many companies will key in to this business strategy. I like creative thinking.

 

[Josemendez]

Information available according to Nairametrics, Gemini Exchange platforms founder has revealed that most global institution are buying bitcoin to bouycot inflation.

Microstrategy is one amongst the companies that has recently adopted and bought bitcoin as save means of investment.

What do you make of this ?

I think this might actually help fight inflation especially if it is for long term investment in cryptocurrency . With this rate of involvement in Bitcoin , Bitcoin will continue to soar highel

 

[SCAMEXPOSER]

I feel the dominance of bitcoin in our society may later be a factor for inflation because it will be a medium of exchange for goods and services legally and generally accepted.

 

[Josemendez]

I feel the dominance of bitcoin in our society may later be a factor for inflation because it will be a medium of exchange for goods and services legally and generally accepted.

Due you mind elaborating more on what you mean by Bitcoin being a factor for inflation , is it that it will cause inflation or that will help fight off inflation ? .

 

[SCAMEXPOSER]

Due you mind elaborating more on what you mean by Bitcoin being a factor for inflation , is it that it will cause inflation or that will help fight off inflation ? .

It could cause inflation if people begin to use it for trading legally and globally because it value will now determine the prices of goods and services. The volatile nations could easily set in both inflation and deflation.

 

[Niftyicon]

I feel the dominance of bitcoin in our society may later be a factor for inflation because it will be a medium of exchange for goods and services legally and generally accepted.

We cannot really say that bitcoin is dominating right now though the future is a different thing. Since it wouldn't be wiping out fiat, I doubt it could be a tool promoting inflation.

 

[Niftyicon]

Information available according to Nairametrics, Gemini Exchange platforms founder has revealed that most global institution are buying bitcoin to bouycot inflation.

Microstrategy is one amongst the companies that has recently adopted and bought bitcoin as save means of investment.

What do you make of this ?

Beyond global institutions, individuals should also buy into this idea. Inflation has almost rendered our fiat valueless. So I would say it is a very smart move.

 

[SCAMEXPOSER]

Don't you think even if bitcoin is globally accepted today it won't cause inflation?.
In my opinion it will still cause Inflation if it value will be determine in relation to PayPal.

 

[Brain]

It is welcome development very soon many companies will key in to this business strategy. I like creative thinking.

I'm seeing this happening soon.people are always waiting to key into where is working,so this business strategy will be adopted by many

 

[SCAMEXPOSER]

People with huge amount of money are making good profit from the rise in the value of bitcoin both for holding and those doing short time trading of the coin

 

[Josemendez]

People with huge amount of money are making good profit from the rise in the value of bitcoin both for holding and those doing short time trading of the coin

Yeah. Imagine the fact that MicroStrategy CEO made extra 20 million from his investment of 250 Million when Bitcoin reached $13,000 price value but he said that he is not selling it for now

 

[microunit]

I think they did the best option. Its no longer a nightmare that bitcoin is far ahead any other coin in the crypto world.
Even some coins which are just starting will also rise that people will also adopt it.
Just like etherum.
The company already has an asset now.
Which I think is the best in my opinion, they can just stake or invest to keep the streak running

bitcoin is far ahead than other because it is the first ever cyptocurrency and people know about bitcoin more than other coin. some people even only knows bitcoin but doesn't know what cryptocurrency is. majority of the coins also don't have the staking feature

 

[Wisdom01]

I think so because more companies are investing now in bitcoin and this is really affecting the price positively , so some might be inflation and some have their reasons

 

[Josemendez]

I think so because more companies are investing now in bitcoin and this is really affecting the price positively , so some might be inflation and some have their reasons

Mostly people are running to Bitcoin investment in order to be prepared against inflation which are bound to happen due to the covid-19 pandemic impact

 

[Wisdom01]

Mostly people are running to Bitcoin investment in order to be prepared against inflation which are bound to happen due to the covid-19 pandemic impact

I guess those people are already investing now and the price keeps on rising as predicted by them , but i actually know that some didnt invest in it because of inflation

 

[highspeed]

Inflation is not good!
Unfortunately since "I was born" I have heard this word! Years and years have passed, many methods have been adopted against it, but so far it seems unsuccessful! (I see the situation here in Italy, as I live here).
This maybe could perhaps turn out to be a good system.
We have to see the results over the years.

 

[Wisdom01]

Yeah yeah you are right.
The popularity bitcoin earns am not sure any other currency can beat or ever meet that.
And the creation of too much coin will cause competitiveness in the crypto world because there are many coin out there that we haven't even heard of and it is been used.
I have dapp token about 99thousand but I dont know where to exchange it.
Can you help.?
Its on atomic wallet

The competition of too much coin might be for just smaller coin but coins like bitcoin and other bigger ones won't be a major hit in terms of competition