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Replying to Avatar gladstein

Lots of debate about the Saylor / Saifedean conversation

I thought it was really interesting

No one really knows what credit will look like in a Bitcoin Standard

They both make good points

I tend to think that (young, less capitalized, etc) people will of course still borrow to buy a car or or a home, to Michael's point

But I also agree with some of Saifdean's points about the inevitable decline in value of government debt

People seemed to hyperlock onto a short clip of it on X and spit takes instead of listening to the whole thing which is unfortunate

There's way too much 100% agreement in this space so a 2-hour animated conversation with two people who do share a lot in common but really disagree strongly on some stuff and aren't afraid to push back is very refreshing

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Luke 1y ago

I agree with you pretty fully but Austrian economics seems pretty clear about how one money eats the others. I can't see fiat surviving in the long run as long as Bitcoin trades freely.

Seems like the onus should be on Saylor to show why the Austrians are wrong about money's very nature.

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