He's right about Bitcoin backed loans being a game changer.

Imagine what happens to Bitcoin's purchasing power if every Bitcoiner needing fiat can just borrow fiat against their Bitcoin. Price is set on the margins, where the most desperate seller meets the most desperate buyer. BBLs would take away a lot of desperate Bitcoin sellers. It's like scaling Saylor's flywheel to the million or so Bitcoiners around the world.

Imagine if Bitcoiners were able to live on the ever increasing value of their stack rather than slave away in the fiat mines. Imagine if the smartest, outside the box, freedom minded thinkers started allocating their attention to what they saw as most important or exciting developments.

It's a hell of a moral trade off using fiat debt to accelerate the inevitable. I'm all for it but it's probably going to bring forward the 'then they fight you' stage.