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Pro to Technology@lemmy.worldEnglish • 2 days ago

Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure

www.dlnews.com

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Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure

www.dlnews.com

Pro to Technology@lemmy.worldEnglish • 2 days ago
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Meta’s Bitcoin treasury play flops as 99% of shareholders say no
www.dlnews.com
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Meta shareholders rejected the Bitcoin plan with less than 1% in favour. The proposal called Bitcoin a hedge against inflation and weak bonds. GameStop and Metaplanet are among firms copying Saylor’s Bitcoin play.
  • @MummifiedClient5000@feddit.dk
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    130•2 days ago

    Do the shareholders not realize how much easier it is to bribe the president with crypto?

    • @taladar@sh.itjust.works
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      44•2 days ago

      I don’t think people who give or take bribes usually like having a permanent history of the transaction.

      • Ulrich
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        2•
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        2 days ago

        Why would they care? Perfectly legal in the US. And consumers/citizens obviously don’t care either.

      • @FarceOfWill@infosec.pub
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        7•2 days ago

        Big incentive to keep trump in power if your bribery of him is public record. Someone else might do something about it

        • ☂️-
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          2•
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          2 days ago

          corpos might not necessarily want this.

          sometimes they want to get rid of these people when public opinion about them is too dirty, and get a fresh puppet in.

      • @tfm@europe.pub
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        4•2 days ago

        https://cointelegraph.com/explained/what-is-a-cryptocurrency-mixer-and-how-does-it-work

        • @taladar@sh.itjust.works
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          3•2 days ago

          Workarounds for the shortcomings certainly make bribes possible with crypto but not exactly easier than with traditional currencies.

    • @ayyy@sh.itjust.works
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      9•2 days ago

      Bribery isn’t illegal, theres no need to be coy and secretive about it.

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