This Is Why Everyone Is Turning To Bitcoin

In this video George looks at why more countries and businesses are suddenly adopting Bitcoin.

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0:00 Saylors Buys
1:55 Metaplanet
3:02 Countries Adopting Bitcoin
6:31 Exchange Reserves

🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

[danam]

It’s my understanding that that Trump will keep confiscated Bitcoin in the reserves rather than sell it.

[Steven-BTC]

We hold gold to offset debt on our balance sheet.

[tinktrain]

8000 tons of gold is worth approximately $480 billion

[pavelbobb]

There are 32000 ounces in 1 ton. Price of one ounce is 2619 USD. =83520000 USD aprox.

[TheGramee]

They borrow a billion at 1% ...hence investors

[jimmyz]

lol George you asked how Taylor is buying that much bitcoin. he has the only bitcoin treasury company hence btc which provides btc yield. Sailors 21 21 plan is to buy 42 billion worth of bitcoin next 3 years. 21 billion in stock and 21 billion in convertible bonds. Super accretive to the shareholders. Buy mstr brother.

[morpheus]

Gold has been used as money for thousands of years, but will eventually be replaced by a btc standard through mass adoption because BTC is gold 2.0. Easier to transact multiple times in magnitude, finite unlike gold, It is more accountable since it is on a blockchain ledger, and is more portable. The US went off the gold standard in 1971. The US Gold Reserves has 8300 tons which is approximately 265, 600, 000 ounces. Senator Lummis's BTC bill wanted to revaluate US gold reserves and sell a portion to buy 1 million BTC over 5 years. The revaluation of gold has to be significant enough to partially pay off the US debt usually a 40 percent backing per Jim Rickards which is around 54, 000 dollars per ounce of gold based on a 36 trillion dollar debt.

[solesurferoc]

He borrows it at less than 1% interest

[ChristMustList]

BET YOU REGRET SELLING OR TRADING YOUR BTC FOR FUKERY AND BUYING THOSE GARBAGE VEHICLES LOL - YOU WILL NEVER BE ABLE TO BUY ANOTHER BTC AFTER IT PASSES 100K