Psst… you can’t be long bitcoin without being short fiat

Fountain

ya know • Clip by @user75214893 • Listen on Fountain

Clipped from THE Bitcoin Podcast • The Best Way to Save in Bitcoin - Wicked Smart Bitcoin (Bitcoin Talk on THE Bitcoin Podcast) “Coming out of...

The ya know, bitcoin ya know, podcast ya know @walker

Relax

One thing bitcoiners seem afraid to admit: If bitcoin keeps growing at 40 cagr, the free market interest rate rises towards 40%. If interest rates hit 40%, government debt becomes impossible to service. So interest rates will be artificially low. If interest rates stay artificially low, then borrowing money to buy bitcoin is the release valve. Everyone will be incentivized to do this. (MSTR playbook) If everyone is shorting the us dollar to buy bitcoin, there will be a political battle to force people into dollars. Bitcoin is an implicit attack on the state.

Wall street supresses btc price, small miners go out of business. Difficulty drops; large miners accelerate. Btc mining becomes largely concentrated in the hands of large miners. Governments request a ddos. Any loopholes in this theory?

Damn 58k got hands

Its easier to manage cold storage than it is to manage my fantasy hockey team. Anyone fudding self-custody is disingenuous

Hey @dave what are you

Hey @dave, what are you and why is everyone so interested

Fountain

Guy Swan destroying the pandemic response • Clip by @user75214893 • Listen on Fountain

Clipped from Bitcoin Audible • Read_841 - Trump Embraces the “Bitcoin-Dollar” "Th...

@Guy Swann This clip from Guy on the covid pandemic response is 👨‍🍳

Anyone ready to acknowledge this as a ddos vulnerability?

Btc fud these days is straight up hilarious. “There are TRADE OFFS? Time to abandon ship. Fiat is the only option.”

Bitcoiners are likely to increase their earning capacity overtime, armed with excellent knowledge and capital. And you know what they’ll do with those increased earnings. Bullish

Might as well keep @Dee on stage for an other half hour 🥩

We just bottomed. 69 k is peanuts

‘How do we fight for phoenix wallet?’ Fiat funded this. Bitcoin fixes it. Buy some sats

Uncomfortable truth: A lot of people are permanently ruined by fiat. Elderly 3rd generation net consumers won’t be rehabilitated. It will be our decision what to do (if anything) for them.

Once the top 10 net producers in the world notice that Bitcoin only goes up, then the majority of wealth goes to Bitcoin. It's going to infinity tomorrow.