@Haggerst1Martin@mikealfred The dollar used to be backed by gold, and we all know how that went. Talk about the 1% playing games. Look up https://t.co/nRD56QUE2t
@Haggerst1Martin@mikealfred I'm not arguing against you, in fact I think you are completely right, but I think this becomes less of a problem the longer you hold. Fiat buying power will go down forever, think about what that means for any asset that can not be diluted.
@SaltofTera@TeslaNewsNZ@AnselLindner Man. Selling MSTR at the end of bitcoin winter and right as they are proving to the world that STRC is the product they want. I am bookmarking this generational tragedy
@raymondhagen@Coinosphere@BTC_JEDI21 Even without new demand, BTC/USD goes up when the dollar's purchasing power goes down. If Bitcoin's real value stays flat in a vacuum while fiat devalues, the USD price rises purely from the denominator shrinking.
@raymondhagen@Coinosphere@BTC_JEDI21 Watch the inflows as we get close to ATH. We got pension funds and insurance companies buying MSTR. We have spot BTC on traditional bank apps.
This bull run will spark demand like never before.
@WatchT25778@MDBitcoin You can buy any currency with bitcoin.
You're not paying with gold anywhere: you're paying with something that used to be backed by gold, now it's backed by lies, debt and dilution.
I would much rather hold bitcoin as a store of value, and something backed by btc for payments
@NichoLASnft28@Myntad_com Who is paying when they print dollars? The people holding dollars. Your purchasing power will decrease.
Who gets paid when the 21M BTC piles up in diamond hands and treasury companies? The people holding bitcoin and treasury companies. Your purchasing power will increase.
@Aubrey_IV@pete_rizzo_ I'm not sure. But I think Strategy, Strive, Metaplanet and the researchers will figure it out if they havent already. Maybe the solution involves these companies becoming banks. What do you think?
@TheFnAardvark@PunterJeff@TNorth The success of bitcoin and digital credit is inevitable, if you are still hesitating I recommend talking to the super intelligence you have in your pocket. Ask it about game theory and bitcoin, fiat dilution and finally ask it why AI and quantum is not the threat you think it is.