GM ☀️ PV 🤙

What phase of adoption is this?

Reply to this note

Please Login to reply.

Discussion

Saylor phase

Gm bud

A well known phase. It’s called “then they fight you”

The article partially clarifies that the deal would cause ES to stop requiring businesses to take bitcoin but doesn’t suggest that they are going to stop considering it legal tender or levy a capital gains tax on it which would destroy El Salvador as Bitcoin country. It wouldn’t be worth 10B to do that. Also, fuck the IMF.

Scam the IMF

the inverse Cramer part

what they wanted to use it to buy more sats?

GM

MSTR for governments?

But maybe it's also for gold mining equipment for the double dip 😂😂

I don't trust the angle here. You should also know El Salvador President Bukele just moved to lift mining prohibition in El Salvador because they found TRILLIONS in gold and plan to "dilute the hell out of the gold supply" in Bukele's own words.

And the source is "two people close to the talks" 🙄

nostr:note1ptp93psc4m2zyks25hmz623jycrk9f3gfglv5dxmgjmvzr4rwnpql4f9j0

😬

a bad headline as is typical from FT

the deal is $1.3B to make Bitcoin optional instead of required for businesses

watch him turn around and use the imf funding to buy satas

I prefer my adoption not at the end of barrel anyway 🤷

Should have been that way from the start.

Always has been jpg but inverted

Agreeeeed. Credit cards didn't need armed thugs. Be the better product. Also now make the dollar voluntarily

Step 1: Take IMF Loan

Step 2: Buy a boatload of Bitcoin and Bitcoin miners

Step 3: Default

Gm

I thought I saw reports that not many businesses were complying anyway? Adoption will happen whether it’s required or not— may as well take a free and easy 1.3B 😎

GM 🍵

It’s us realizing that the “and then they fight you” phase is going to last a long time

The “it don’t matter what no one else does, Saylor about to run the table” phase

It really would be amazing if he bought 1.3b in bitcoin the next day. Speculative attack via IMF.

The part where they lie to get a loan to purchase mining infrastructure to dig #gold out of the ground & dump it on the market in exchange for more #Bitcoin. 🤝

This is the phase where Bukele is looking at Saylor buying with debt and wanting a piece of that. Playing with fire if you ask me...