nostr:npub1qw6e8meaj5gzk49alamh9qf35lpmml5sq7ctjtxhcjk55qppmcjs0j2v52 made a really interesting point the other day and it's been in the back of my mind since...

his previous model for btc going up was based on btc stealing market share from everything else ...

his new point is that the mstr playbook and others are essentially adding market cap to Bitcoin with newly issued money kind of like when we get mortgages those are paid with new money

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Good point 🧐

I would say that's still inadvertently stealing market share from bonds and equity. The money is getting printed and is going somewhere

So may love bonds and equity aren't growing as fast as they could be but it isn't taking existing dollars from there?

Am I thinking about that right?

Yeah, and right now it's negligible. It's amazing