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Pro@programming.dev to Technology@lemmy.worldEnglish · 1 month 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 · 1 month 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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    1 month 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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      1 month ago

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

      • shortwavesurfer@lemmy.zip
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        1 month ago

        Which is why they take the bribe in monero

      • Ulrich@feddit.org
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        1 month 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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        1 month ago

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

        • ☂️-@lemmy.ml
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          1 month ago

          corpos might not necessarily want this.

          sometimes they want to get rid of these people when public opinion about them is too dirty.

      • tfm@europe.pub
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        1 month ago

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

        • taladar@sh.itjust.works
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          1 month 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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      1 month ago

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

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