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Pro@programming.dev to Technology@lemmy.worldEnglish · 6 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@programming.dev to Technology@lemmy.worldEnglish · 6 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.
  • Knock_Knock_Lemmy_In@lemmy.world
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    3 days ago

    Dude, you brought the slop.

    Saying PoS is supporting PoW is like saying EVs support ICEs.

    Would you like another go at explaining how your half baked public transport analogy fits into this?

    • LandedGentry@lemmy.zip
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      2 days ago

      deleted by creator

      • Knock_Knock_Lemmy_In@lemmy.world
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        3 days ago

        You said “we need more public transport”. How does that statement map to Bitcoin?

        • LandedGentry@lemmy.zip
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          • Knock_Knock_Lemmy_In@lemmy.world
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            3 days ago

            What is the matching side of your analogy expansion?

            ICE is to PoW

            As

            EVs is to PoS

            As

            Public transport is to ???

            • LandedGentry@lemmy.zip
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              • Knock_Knock_Lemmy_In@lemmy.world
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                3 days ago

                do you really not see the connection between discussing cars and public transportation,

                That side of the analogy is fine. How is public transport relevant to Bitcoin, Proof of Work and Proof of Stake?

                What is the equivalent cryptocurrency concept that public transport is supposed to represent?

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