News about Bitcoin

by COINS NEWS - 2 years ago

Tesla sold 75 percent of its Bitcoin

tldr; Tesla has sold 75% of its Bitcoin holdings, according to its Q2 2022 financial report. The automaker made $2.26 billion in profit this quarter, down 31% from last quarter when it posted profits of $3.3 billion. Last year, Tesla made a $1.5 bil...

More / Bitcoin Reddit - 2 years ago

Short the bankers. Long Bitcoin!

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, compa...

More / Bitcoin Reddit - 2 years ago

Tesla ER anonymous question coming up on bitcoin

Doubt would mean selling 100%. They faced a cash crunch and had to break open the piggy bank, but note that they left in a sizeable stack. Everyone's going to follow how this plays out over the next cycle and next time, selling Bitcoin is going to b...

More / Bitcoin Reddit - 2 years ago

Tanks in China protecting banks because Bank of China (Henan branch) declared that “people’s savings in their branch are now investment products and can’t be withdrawn.” NOT YOUR BANK, NOT YOUR MONEY - this is what Bitcoin is fixing, allowing anyone to be

The fact that people believe this is actually true, and not just a movement of military vehicles from one location to another (I would even say it's probably not even from 2022) is astonishing People in this subreddit want the world to take Bitcoin...

More / Bitcoin Reddit - 2 years ago

Tanks in China protecting banks because Bank of China (Henan branch) declared that “people’s savings in their branch are now investment products and can’t be withdrawn.” NOT YOUR BANK, NOT YOUR MONEY - this is what Bitcoin is fixing, allowing anyone to be

The fact that people believe this is actually true, and not just a movement of military vehicles from one location to another (I would even say it's probably not even from 2022) is astonishing People in this subreddit want the world to take Bitcoin...

More / Bitcoin Reddit - 2 years ago

Tanks in China protecting banks because Bank of China (Henan branch) declared that “people’s savings in their branch are now investment products and can’t be withdrawn.” NOT YOUR BANK, NOT YOUR MONEY - this is what Bitcoin is fixing, allowing anyone to be

The fact that people believe this is actually true, and not just a movement of military vehicles from one location to another (I would even say it's probably not even from 2022) is astonishing People in this subreddit want the world to take Bitcoin...

More / Bitcoin Reddit - 2 years ago

Tanks in China protecting banks because Bank of China (Henan branch) declared that “people’s savings in their branch are now investment products and can’t be withdrawn.” NOT YOUR BANK, NOT YOUR MONEY - this is what Bitcoin is fixing, allowing anyone to be

The fact that people believe this is actually true, and not just a movement of military vehicles from one location to another (I would even say it's probably not even from 2022) is astonishing People in this subreddit want the world to take Bitcoin...

More / Bitcoin Reddit - 2 years ago

Tanks in China protecting banks because Bank of China (Henan branch) declared that “people’s savings in their branch are now investment products and can’t be withdrawn.” NOT YOUR BANK, NOT YOUR MONEY - this is what Bitcoin is fixing, allowing anyone to be

Honest question though, how does Bitcoin help people in China where bitcoin is banned? Is there a thriving underground Bitcoin economy, for example? Genuinely curious. Seeing what happens in China with regard to Bitcoin and self-custody of assets wi...

More / Bitcoin Reddit - 2 years ago

Tanks in China protecting banks because Bank of China (Henan branch) declared that “people’s savings in their branch are now investment products and can’t be withdrawn.” NOT YOUR BANK, NOT YOUR MONEY - this is what Bitcoin is fixing, allowing anyone to be

Honest question though, how does Bitcoin help people in China where bitcoin is banned? Is there a thriving underground Bitcoin economy, for example? Genuinely curious. Seeing what happens in China with regard to Bitcoin and self-custody of assets wi...