Maybe I think that way because I'm an incorrigible goldbug, but lots of people running state and corporate treasuries are gold bugs.
Discussion
The trouble is no one is running anything. Bitcoin is the only lifeline to crumbling economies.
Yes, but I think that was sort of the point of Bitcoin. To be a lifeline and make economics sane again.
Remember the Genesis Block:
>>The Times 03/Jan/2009 Chancellor on brink of second bailout for banks<<
Yes, however you need people with a basic level of leadership to implement positive change
Debt to GDP across Europe is off the scale and the only ‘answer’ Is more Europe 🤡🌍
You don't, actually, with Bitcoin. Bitcoin is the positive change implementation and honey badger don't care, remember?
Bitcoin is for enemies, just like Nostr is.
Wall Street and and anarchists can have the same money and use it completely differently. The protocol is the consensus, not the usage of the protocol.
Indeed. In that case economies are doomed and the individual better Stack sats as no Bitcoin treasuries are being built to save you
I mean, everywhere there are USD or gold reserves, they'll eventually have to switch them out for Bitcoin, or they'll go bankrupt.
This isn't how anything works. The most fundamental currency is energy. USD is the reserve currency because it's the petrodollar. Gold reserves haven't backed the USD or most other currencies since the 1970s.