Don’t assume that all hyperbitcoinisation is equal.
There are paths and scenarios which are very much deadends and bad for Bitcoin.
This idea that everything is good for Bitcoin is naive child’s play pushed by podcasters who want to sell you on a fairytale instead of being realistic about downsides
There are paths and scenarios which are very much deadends and bad for Bitcoin.
This idea that everything is good for Bitcoin is naive child’s play pushed by podcasters who want to sell you on a fairytale instead of being realistic about downsides
DANGERS OF THE BITCOIN STRATEGIC RESERVE
Everyone thinks about the price appreciation that nation state stacking brings on, but I’ve seen ZERO discussion of the potential downsides. So allow me be the one to shit in everyone’s cornflakes..
If the US does announce a SBR, Bitcoiners, you know the people who actually give this network value, are going to become targets.
We know:
- other countries will be forced to follow lest they be left behind
- they can’t print BTC
…
Everyone thinks about the price appreciation that nation state stacking brings on, but I’ve seen ZERO discussion of the potential downsides. So allow me be the one to shit in everyone’s cornflakes..
If the US does announce a SBR, Bitcoiners, you know the people who actually give this network value, are going to become targets.
We know:
- other countries will be forced to follow lest they be left behind
- they can’t print BTC
…
