ELON MUSK:
“PEOPLE GET CONFUSED SOMETIMES. THEY THINK AN ECONOMY IS MONEY.
BUT MONEY IS A DATABASE FOR THE EXCHANGE OF GOODS AND SERVICES.
MONEY DOES NOT HAVE POWER IN AND OF ITSELF.
IF YOU’RE SHIPWRECKED ON A REMOTE ISLAND WITH A TRILLION DOLLARS IN A SWISS BANK ACCOUNT, IT’S WORTHLESS.
YOU’D RATHER HAVE A CAN OF SOUP.
YOU CAN HAVE ALL THE BITCOIN IN THE WORLD AND YOU’RE STILL GOING TO STARVE.
THE ACTUAL ECONOMY IS GOODS AND SERVICES.”
CNBC REPORTED THAT WALMART WILL NOW ACCEPT BITCOIN, ETHEREUM, AND OTHER CRYPTO PAYMENTS IN-STORE FOR ITS 1 BILLION MONTHLY CUSTOMERS.
THIS IS ACTUAL ADOPTION.
On this day in history, 5 years ago, El Salvador’s legislature approved the Bitcoin Law, making it the first country to officially adopt bitcoin as legal tender.
Strategy has acquired 1,550 BTC for $101 million to increase our $BTC Reserve to ₿845,256. We have also increased our USD Reserve by $100 million to $1.0 billion. $MSTR $STRC
https://t.co/94TmyRWVrs