Elon Musk is a very influential man, just by following his tweets anyone can tell in the comments of the crypto community that is interacting, new to crypto and advocates of bitcoin.
I consider that this way of communicating on social media has a good result. Because we are defending the freedom to choose now more than ever, society feels united.
We do not know if he has bought bitcoin but if he does, bitcoin will gain a big rally without a doubt.
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It is right! The message from the IMF is that we try to stimulate the economy. If we spend that is the goal. I think we are spending what we can and the crypto community is keeping their money in bitcoin and crypto.
We are trying to stimulate the economy and we do our best because we are still in a pandemic. The macroeconomic sectors have suffered a setback in the indices due to the fall in jobs due to a decrease in economic activities.
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Coinbase has issued a statement on Twitter. Let's stay calm and stay tuned for status updates. https://twitter.com/coinbase/status/1355259738150166530?s=19Similarly, Kraken also announced his technical problems. https://twitter.com/krakensupport/status/1355096030681968641?s=19All these events make a good script for a movie. The best thing is that we are witnesses of the most exciting moments. Obviously there is a euphoric response to the GameStop case, Robinhood, doge at 1 dollar, Elon Musk has updated his bio and has written bitcoin. I believe that a revolution in social media is being born and the end of centralization is coming, there is panic in the great elites.
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Certainly bitcoin can help the poor. If they have the information on how to use technology, obviously the information does not reach everyone. But some are getting out of poverty by trading bitcoin or any other crypto. A glance at the reality could be verified in the exchange platforms in the P2P as the one of Binance that is working hard to penetrate and offer its services to the African market. Introduces Nigeria's first Naira fiat currency in March 2020 and later launches Bundle, a Binance app in Africa aimed at payments between its users in both African currencies and cryptocurrencies (Bitcoin, Ether and Binance Coin). https://www.binance.com/en/blog/421499824684900534/Introducing-Bundle-an-Africafocused-Social-Payments-App-for-Cash-and-Crypto
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Incredible movement has been created in Social media after the GameStop case and the Robinhood app's refusal to allow users to trade GameStop shares. Now the app is allowing to trade the shares of the companies blocked under certain limits. After users have seen all the phony about trying to protect the elites of the Walt Street hedge funds they have lost all confidence, it is evident that it is a manipulated and corrupt system. The crypto community on twitter is supporting the reddit community. Elon Musk has an important participation with the support of non-censorship and doge.
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Now Robinhood users who wanted to trade GameStop stocks can do so on the FTX exchange https://ftx.com/trade/GME/USDThe fall of Robinhood is evident, it is a self-destruction, the corruption was noticed. There will probably be a user exit from this app. Those who invest in stocks will be looking for havens in cryptocurrencies and will be realizing that decentralized applications are better and more secure.
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There is no need to think about chaos. Life has taught us that we have to make amends for our mistakes. We have the opportunity to create and build, let's start with ourselves.
Since the inception of Bitcoin, a range of opportunities has transcended. Now we must maintain the premise that bitcoin will play an important role in this time of pandemic. Therefore, bitcoiners must continue with our cause: empowerment, decentralization, security, "A better world".
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It is a good initiative for small businesses that accept bitcoin and cryptocurrencies in Brazil or anywhere in the world. I did a tour of my city if any supermarket wanted to accept bitcoin and they did not accept that was a year ago before the pandemic. The impression I received was that the owners did not have any knowledge of how to handle bitcoin. I live in the south of the country and technological advances are not so good. Following the topic of OP I have done a little search and found the following article published on December 21, 2018. https://news.bitcoin.com/brazilian-supermarket-chain-now-accepts-payment-in-bitcoin/It is not easy to find related information. It would be ideal for any developer to build an app that locates businesses that accept bitcoin and cryptocurrencies around the world. It could be a good invention of interest for users of cryptocurrencies.
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This news could be preceded by a tweet from Pomp on December 29. And that logically excited the mayor of Miami Francis Suarez. Charlie Shrem, a faithful defender of bitcoin who lives in Miami, also joined in this conversation. If the mayor manages to invest some public funds in bitcoin to make Miami a great promoter of new technologies, it would be a great hit for the city, the country and bitcoin.
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When the price of bitcoin falls it is likely that FUD is being created. Large investors are the ones who have benefited the most. Today's investors think of bitcoin as a long-term investment. Only minor investors expect short-term gains.
I think we should keep calm and wait. Bitcoin is now an important asset for investment firms so it will take a while to find out the outcome of those investments.
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It is an advertising resource that rapper Megan took when she joined the Cashapp team to celebrate with her fans by sending bitcoin through the app. It is certainly beneficial for the celebrity, Cashapp, and bitcoin. Because bitcoin can go anywhere without limits and borders, faster and cheaper. Although its benefits could be improved if developers build incredible apps to make bitcoin more usable. The original tweet. Promotion ends June 2021.
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It is obvious that with the current announcements about Bitcoin it has shown maturity. It is a new stage that will lead us to an advance in technology, institutions are buying bitcoin, ethereum and litecoin as an investment to later seek solutions with the construction of applications. This is the time of blockchain, everything has been achieved with all the support we have given to the crypto market.
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Bitcoin can help the poor directly if they have access to information (internet and devices). They could buy BTC on P2P platforms as individuals or as businesses.
Indirectly if they are benefited by a charity that accepts bitcoin to create their funds. There are so many ways to use bitcoin to help people in need.
The solution is in our hands, we only have to look around us and act.
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Sorry the link is broken. I did my own search and found this: It's like a safe bet that MicroStrategy shares will rise and the price of Bitcoin will continue to climb. For MicroStrategy bitcoin is the most precious asset today and it is racing to accumulate more. Michael Saylor is now so popular that he attends interviews and is convincing the audience of his purposes with bitcoin.
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You could accept fiat for your peaches and exchange them for bitcoin. So you could know the real benefit of financial freedom and you could contribute better in your area. Your employees could benefit from better incentives but it will depend on the decisions you make.
Now we have a great call, Bitcoin for institutions that will be a great change, it is clear that the world will be more digital, new technologies will be on the rise.
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The institutions are winning because they will keep the bitcoin that we leave. When the price of bitcoin is still very high that we cannot buy. Why so much bitcoin price resistance? If anyone is considering owning some bitcoin, hold because it won't be so easy next time.
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I also think like some: Hold my bitcoin for a long time and I have considered having ethereum for my basic needs for the short and medium term.
One thing is well known whenever bitcoin hits a new ATH the altcoins look bullish. Without bitcoin the market is hostile, we often find thoughts such as that money is in bitcoin in the wrong way.
I think that not on the contrary we should focus on bitcoin and demand the best developments for bitcoin users and so it would be easy to use for everyone.
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If it's time to get out of your bitcon and you have studied it well. Taking into account that the price of could rise without precedent. Going out now you will likely make a profit for it.
Everyone also has her / his life projects and if it is time to leave it is an understandable decision. I would not sell it, I would diversify my portfolio one (%) of bitcoin in the long term and one (%) of some altcoins for the short and medium term.
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It's FUD everything is happening in a month. Bitcoin was doing very well, more institutions joining. We only need time to pass to know the fruits of the injection of capital. While US investors invest in bitcoin, a negative event occurs that causes the price to fall favoring Asian traders. Fortunately bitcoiners don't give in. There is a plan to make Bitcoin the main digital asset if we want to continue together we must not lower our guard. Plan B summed it up in a tweet.
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