Bitcoiners, what would you do if you had total control over the fiat money printers?
Discussion
Print of course.
print and buy bitcoin
Cast it into the fires of mount doom!
Leave them sit idle. Which is hard / impossible(?) to do. So they'd need to be dismantled.
I'd announce that bitcoin is our new currency and haul them out to a properly safe location and we'd nuke them on live television.
Why anyone here would say print and steal more money from future generations, for any reason, is insane to me.
My instinctive response was to do just that....print fiat, buy btc.
But there certainly would be 2nd and 3rd order of effects, so going to think on it a bit.
Great morning #nostr note though to get the brain engine firing for the day.
Print an obscene amount of fiat and immediately convert to bitcoin
Print and buy as much Bitcoin in secret as possible then declare Bitcoin legal tender and give every citzen the possibility to claim their share of the stack -> Total stack divided by total age years of all citizens. Then everyone can claim their share based on their age and kids could claim once they turn 18.
Run nonstop printing, flooding buys for Bitcoin in the race to accumulate until dollar goes to zero and fiat collapse begins. Whatever BTC “price” that means, doesn’t matter. Redistribute all collected bitcoin holdings equally to all people on the planet capable of storing 12 words.
Print MOAR.
Create the biggest game of Monopoly EVER
Build my ideal city, never mind the cost, cuz fiat inflation is irrelevant in my ideal city. See, the REAL problem with fiat is a lack of imagination.
Obviously print money to buy bitcoin 😄
we'd have an emperor Nero situation on our hands within hours