Acquiring Bitcoin as a Long Term Treasury Asset
by 0x0636211443e91468ee3657e1d7faede7059c4843 (govUK)
Allocate a % of stablecoin balance to buying Bitcoin. Potentially from USDT holdings, following this proposal to migrate to other stablecoins - https://governance.decentraland.org/proposal/?id=19c1a8e0-dc71-11ec-8ad9-ab7454ba5993
Logic ; Simply, Bitcoin is the best form of money ever invented. The Treasury should have exposure to Bitcoin and in doing so would reduce overall volatility of the Treasury.
- Acquire Bitcoin as a Long Term Treasury Asset.
- No, do not acquire Bitcoin.
- Invalid question/options
Off-Chain Vote
Acquire Bitcoin as a Long Term Treasury Asset.
148.38K VP38%
No, do not acquire Bitcoin.
38.95K VP10%
Invalid question/options
203.05K VP52%
Timeline
May 25, 2022Proposal created
May 25, 2022Proposal vote started
May 30, 2022Proposal vote ended
Oct 26, 2023Proposal updated