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JoshTko
on Feb 9, 2021
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Bitcoin powers towards $50K as Tesla takes it main...
I think the most impactful aspect of this is normalizing the idea for a company to hold bitcoin on their balance sheet.
VMG
on Feb 9, 2021
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the actual pioneer for this was Microstrategy
https://cryptopotato.com/microstrategy-ceo-introduced-bitcoi...
JoshTko
on Feb 9, 2021
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No one knows who MicroStrategy is. The impact comes from normalizing - CFOs can point to a Fortune 10 company as a precedent and buy bitcoin without looking completely foolish. Buying bitcoin can soon be normal as insuring against currency risk.
hanniabu
on Feb 9, 2021
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Yup, Microstrategy pioneered it, but the brand power of Tesla will normalize it.
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