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RE: The dominoes are falling and no one is paying attention.

in #leofinance • 4 years ago

Square has more money that it can invest in BTC. Do not be surprised if they do something like this on a monthly basis.

Plus, when you think about corporations, both of these are micro companies. Can you imagine the amount of Bitcoin Apple or Wal-Mart could buy if they wanted? Apple is sitting on a couple hundred billion and I wouldn't be surprised if Wallyworld is near that.

They could be hundreds of millions of BTC and not even think about it.

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4 years ago in #leofinance by
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     4 years ago  

    Yeah it's a truly mindblowing thought.
    Many of the corporations that FOMO in at the peak of the next run are going to lose 80% of what they put in... I wonder how many will be so overextended they go bankrupt. I imagine a lot of retail investors are going to get burned by stronger hands.

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