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[-] empireOfLove2@lemmy.dbzer0.com 188 points 3 days ago

Woah, and trump wants to set up a bunch of US bitcoin stuff that will massively pump up its value and give Russia free billions on their holdings?????

I never would have guessed!

[-] FlyingSquid@lemmy.world 9 points 3 days ago

Yeah, but Elon wants people to invest in Doge. So what will Trump do?

[-] empireOfLove2@lemmy.dbzer0.com 31 points 3 days ago

in the crypto space, the trading values of most coins are loosely tied to bitcoin's value- it's sort of a "reserve currency" of the cryptosphere, most major trading platforms focus on converting Bitcoin to and from other coins. If BTC goes up, the rising tide lifts most/all boats in the space.

[-] jonne@infosec.pub 1 points 3 days ago* (last edited 3 days ago)

Stablecoins excluded, obviously.

[-] Valmond@lemmy.world 2 points 3 days ago

Lots of other shitcoins too.

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this post was submitted on 25 Dec 2024
210 points (97.7% liked)

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