Replying to d0708145...

The vast majority of that rehypothecation ends up in the derivatives market and the numbers there, well😬😂. When them contracts become due and can't be settled by the brokerage houses, as I say EVERYTHING will legally be own by the BIS and it's benefactors.
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stache 1y ago

👆💯

I also agree that the actual value of the derivative market is prolly incalculable and on the higher side of any of our guesses (most people think linearly and can’t begin to comprehend the value of $1quadrillion…it becomes just a word).

As a hard asset/btc guy I also think that hard assets will eat a large part of the value of that collapsed market…I don’t subscribe to a soft landing but as I’ve said I’m wrong a lot.

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d0708145... 1y ago

Ha ha, all we can do is have as many sats as is possible. That's our little insurance policy for when the ride starts to get really wild!!

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stache 1y ago

Tru dat

Freedom on my libertarian brotha🌅