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Replying to Avatar Will Cole

The Swiss central bank prints francs and buys US equities, essentially for free. Which country buys bitcoin next doesn’t really matter. Which of 5 central banks with an in demand currency follows the Swiss model by debasing in secret, and obtaining bitcoin does matter. Only one will get away with it, and the price of bitcoin is inconsequential to this ultimate speculative attack. Knowing this is the most likely end game is why I’ve never sold any bitcoin.

https://mises.org/power-market/swiss-national-banks-us-stocks-150-billion-and-counting

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to be decided 1y ago

There's no mention of "Bitcoin" in the linked text.

Where is the evidence for the claimed "Swiss model" of "debasing in secret, and obtaining bitcoin"?

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Will Cole 1y ago

To my knowledge no one has yet. Who does it first is interesting to me. The post doesn’t claim it’s already happened.

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