Global Feed Post Login
Replying to Avatar mike

WE'RE DOING IT, WE'RE F***NG UP BITCOIN

Cat JPEGs

Rehypothecation

Fiat loans against Bitcoin

Companies using debt to buy Bitcoin so they can stop doing anything useful

Countries securing debt with Bitcoin

Seedless storage

ETFs

ETNs

Bitcoin Bonds

Back in 1944, we at least waited for the gold standard to start before f***ng that up.

Avatar
Hawk 7mo ago

I guess it isn't Bitcoin doing all those things. It's just that it can be used for all those things. It doesn't change Bitcoin.

Reply to this note

Please Login to reply.

Discussion

Avatar
mike 7mo ago

Gresham’s Law 😞

Thread collapsed