this post was submitted on 01 Jun 2025
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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)
submitted 2 weeks ago by Pro@programming.dev to c/technology@lemmy.world
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[–] mudstickmcgee@sh.itjust.works 5 points 2 weeks ago

Just an anecdote but never the less.

A couple of years ago I got a job at an animal shelter in a country that's not the one I live in. For this I was paid 400€/m in cash to cover my bills back home during the time. So I went to the local BTCatm and even though they charge an insane markup (15/20% iirc) it was still cheaper than the "minimum fee" charged by the bank/western union.

As useful as the electricity or fire? Probably not. But as a tool for low paid workers that go to another country and is sending money home to their families without having to pay half of it in fees it's pretty usefull.