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Tesla hold its cryptocurrency assest ahead of inflation.
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[QUOTE="Jasz, post: 241260, member: 61772"] Tesla's decision to hold its cryptocurrency assets ahead of inflation indicates that the company is about to join the ranks of those who see digital currency as a viable hedge against inflation. This is great news for investors, as it means that we could be seeing the start of a new trend where more companies follow suit in protecting their assets against inflation by investing in cryptocurrencies. Elon Musk has been bullish on Bitcoin since he first started tweeting about it back in 2019, but this latest move makes it clear that his enthusiasm was not just hype and speculation. His faith in Bitcoin has paid off, as Tesla made nearly $1 billion from its investment in 2020 alone—and now they're looking for ways to protect their profits. This could be just what we need: a company like Tesla taking a risk on cryptocurrency and making money from it, which will encourage others to do the same! With more companies investing in cryptocurrencies, we'll see prices rise while supply stays limited, creating an environment where digital currencies continue growing exponentially over time. But how did these two companies become so influential? What gives them power over investors? The answer lies within their business models and how they view the world around us today. Both are highly successful companies with strong brands that have been built on solid model. [/QUOTE]
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Tesla hold its cryptocurrency assest ahead of inflation.
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