We can just keep filling nostr with video content and no one can stop us lol π
https://blossom.primal.net/dcc5c0d5cd161071387532eedae90dc5e35a252b5e7a0849f781a4218a3668cd.mp4
Discussion
why would you want to stop us? π€ lol
Great show. Just listened to it. Great hearing a bitcoiners view on paper Bitcoin (shitcoin) summer π¦
Oh you canβt!
Fuck youuuuu
I think they are just dumb. Wall Street playing to their egos and they forgot 1st principles. You dont sign over a bearer asset for counterfeit paper assets. https://video.nostr.build/3c14ceeff2cefb8a150138f56545bbeeb6df7b2f0333086a51caef08a888a33d.mp4
But exposure. It sells when money printer go brrrrr
Fiat gains only. They can't increase theie Bitcoin stack at this stage. The Bitcoin Treasuries are a way to part OGs from their Bitcoin by Wall Street without paying spot price.
OGs might be motivated by other reasons such as tax shelters and legacy. And fiat gains can always be converted into bitcoin. Itβs how the vast majority of bitcoiners stack (BTFD!). I get paper bitcoin has the potential to cause a lot of problems, but at least itβs skin in the game for a lot of people who otherwise wouldnβt know where to begin. Leverage is whatβs going to sink a lot of these companies. Tale old as fractional reserve
I think they motivated by greed. At least Peter is using his stack to try and improve his community and town. The same can't be said for many OG Bitcoiners.
Degen.
What will be more unbearable is how much my Dad will start peacocking when we start experiencing significant movement