Replying to Avatar HODL

Hyperinflation is demarcated by a loss of faith in the currency.

Bitcoiners are people who’ve already lost faith in the currency.

Orange canaries in a fiat mine.

Bitcoin treasury companies show that mainstream finance is beginning to believe that what they once dismissed as paranoia was actually premonition.

Fiat collapse isn’t a matter of if, but when.
Avatar
MrTea 6mo ago

I’m all for productive companies that store their capital in bitcoin. The bitcoin holding companies that do nothing useful and simply borrow money to buy bitcoin can pound sand. At least local banks lend money, finance projects, invest in communities. Bitcoin holding companies literally do nothing. One person could run all of them. Fuck an AI could run all of them.

Reply to this note

Please Login to reply.

Discussion

No replies yet.