Trump/Elon's fascist rise will actual fix the debt problems in USA. This eliminates Bitcoin's use case.
But that same fascist propaganda and censorship will consume Twitter, TikTok, Truth. Requiring an untamperable social graph: Nostr.
Discussion
I am not a fan of trump or Elon by any means. Fix the debt? I don't think so. It's math. Too far gone. That's like trying to patch a hole in the ocean to keep it from leaking. I do agree about nostr though. Either way, we are in the right place here.
Nostr will boom. People are falsely running to Bluesky. When they realize it's a censor zone too, they'll flee from it too. Hopefully Nostr will be scale ready by then.
I think we will be ready. I kind of hope you are right about Bitcoin. That would give me more time to stack some cheap sats. I was already excited to see 80k Bitcoin again.
Bro, the Republicans just approved a budget proposal for this year that INCREASES the deficit by $320 B this year alone, and similar numbers for the following 5. And that's what's on paper. Reality will always be worse.
BTC is fine.
That viewpoint will be punished severely.
Which one? If you mean the Republicans being Republicans with the deficit, as they always have been (at least since Reagan), I agree. Their irrational spending habits will eventually cause a lot of pain.
If you mean somehow my point of view will be "punished", I don't even know what you mean. But in any case, IDGAF about the fiat price of BTC, except when I can buy cheaper. I have never sold one sat and I have zero interest in trading.
So I couldn't care less about what's going on these days, except that people on the P2P markets are unwilling to sell...
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Yeah. I think many people put others up on pedatals, whether it be one of a hero or to demonize them. There is nothing any human on earth can do to stop Bitcoin. It just is, at this point. I'll take the fiat lows as long as possible. I can never have enough. The lower the time preference the better.