@Michael Saylor wants digital credit with BTC, debt based digital money with tokens in top.
Same system, different rails.
The individual gets crushed, the state harvests labor through digital money creation. *but on top of Bitcoin rails so it's better lol
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BottleTeams
npub18cxq...qz89
Pleb ๐พ
Running the score up
Saylor:
"Bitcoin: A digital credit system as the base layer for digital money"
Bitcoiners:
"Bitcoin: A Peer-to-Peer Electronic Cash System"
See the impasse?
Saylor:
"Bitcojn: A digital credit system as the base layer for digital money"
Bitcoiners:
"Bitcoin: A Peer-to-Peer Electronic Cash System"
See the impasse?
Damn this Danny pod with What Bitcoin Did is mask off for Saylor.
BTC recapitalizes the current fiat system, allowing the world to raise interest rates.
This solution does not solve the inflation problem that pushes interest rates lower in the first place.
I don't think Saylors view of BTC is aligned with most of the space I see.
Saylors world "digital credit built on digital capital"
Essentially replacing BTC from golds role in the current system. Same system, just take out gold and replace it with BTC.
Bitcoiners world is "bitcoin is money"
Essentially replacing the current financial system with just bitcoin.
Saylors fatal flaw is that he sees money as being "digital credit" and in order for it to be credit there must be a debt market.
I believe most bitcoiners think bitcoin itself is money and there is no need for debt markets.
In the Saylor world banks and usury exists, in the bitcojners world you are your own bank.
Crossroads.
Psst:
The interest rates are made up
It's not a real number
This is the equivalent to a rap battle between Trump and Powell
Just dropping diss tracks
Wild we live in a time where two people go back and fourth on who is a greater threat to the ENTIRE WORLDS money
jerome powell just dropping a YouTube video to tell you the banking system is still safe from evil orange man.
We're at the point where people will start exploiting the credit system for all it has. Running up CC debt and personal loans because nobody has confidence in the banking system any longer.
Can you tell it's all a CONFIDENCE game?
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HEATING UP
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Asset classes are like sponges for currency.
Some sponges are larger than others, more liquid than others.
All sponges are close to totally soaked.
The last "dry sponge" worth owning is raw materials, and raw material producers.
Lastly, #Bitcoin is an infinite sponge capable of soaking up all of the currency.
SILVER
New ATH
Send Delta into retrieve the Epstein files. Way easier mission than Maduro