Facebook C.E.O. Mark Zuckerberg has recently shared a post highlighting his love for his pets. He named his pet goats Max and Bitcoin. This has created a sensation in the crypto world, and tweets and messaging started pouring on his post. This might have been a simple post, yet it created a buzz that if Zuckerberg is keen on investing in Bitcoin.
Following the lines of Elon Musk, who has been continuously supporting Dogecoin, which helped in increasing the value of the coin, Mark Zuckerberg, Facebook C.E.O., has also shared that he too owns a cryptocurrency-Bitcoin. However, there is a catch to it. The tech-savvy Zuckerberg has a pet goat which he named Bitcoin. He named his pet after the very famous cryptocurrency.
Reaction to Zuckerberg’s post
In a recent post, he showed them pictures of his two goat pets named Max and Bitcoin. It is just a simple post, yet it has created a buzz in the crypto world. On the post, SkyBridge founder Anthony Scaramucci welcomed Zuckerberg to the bitcoin community and tweeted that he knew that Mark would become a bitcoin-er when he hired David Marcus from PayPal to run Facebook’s crypto business. He again welcomed Mark and is all excited to see what comes next from him.
Some people took this as a joke and went far ahead, saying that the fifth richest person in the world might become a bitcoin maximalist since it’s now the G.O.A.T.
Crypto enthusiasts must have been looking forward to seeing what announcements will be made in the Facebook shareholders meeting. The shareholders meeting is scheduled to hold on May 26. Crypto lovers would like to mark this date on their calendar only for the simple reason that Zuckerberg announcing bitcoin holdings to have increased.
According to USToday, Facebook was rumored to disclose crypto on its balance sheet in late April during its earnings call. But this has never happened. As per the Q1 results, Facebook recorded $64billion in cash and equivalents.
Bitcoin was formed in 2008 by an unknown person or a group of people. They used the name Satoshi Nakamoto. The use of the currency began in 2009. The implementation was done on the open-source software.
It is a decentralized digital currency without a Central Bank or single administrator. The currency can be sent from user to user on the peer-to-peer bitcoin network. There is no need for an intermediary with bitcoin.
The currency’s transactions are verified by Cryptography and recorded in a public distributed ledger named Blockchain. The creation of bitcoin was done to reward the miners. Bitcoin can be exchanged for other currencies, products, and services.
We are sorry that this post was not useful for you!
Let us improve this post!
Tell us how we can improve this post?