A reminder that most bitcoiners are genuinely retards that have just found out how money and banking works.
They are incapable of second order thinking and live in a delusional fairytale of everyone self custodying with fire proof seed phrases.
You’re an idiot. The network will not grow to a powerlaw without enormous new capital flows, the bridges to credit, equity and capital markets must be open.
Treasuries are building those rails. Blackrock are building those rails. Banks are building those rails.
You, dumb, have probably never worked at an investment bank / equity management house / portfolio management.
The world is fiat. The world runs on fiat. Fiat will be the rails until we die. Bitcoin grows because Fiat grows. Capital inflates because Fiat inflates. Own the best capital. Own the best money. own bitcoin.
Accept reality.
Federal Reserve Chair Kevin Warsh on CNBC:
"If you're under 40, Bitcoin is your new gold."
"With every passing day, it's getting new life as an alternative currency."
This is the Fed Chair. Not a Bitcoin podcast.
“There’s never been anything that’s happened to you in your whole life that justifies you being angry at God … there are 10 million reasons why He should be angry at you.”
-R.C. Sproul