nah there's always a handful other then the moonboys. what's the topic?
Discussion
Just surprised nobody is mentioning rates or inflation. The US can't handle higher rates with this much debt, so that's kind of a big problem. Either rates have to come down, likely through a recession, or there could be very bad inflation. The macro situation is kinda messed up.
what if btc was used as a reserve and the usd was rebalanced to equal about 1 sat (given the price of btc being 1 mil usd and thus 1 sat = 1 cent)
I'm worried that inflation won't come down, and rates will go up. Inflation could get quite bad if that happens, but it's unlikely.
I think what is more likely is taxes will go up, and there will be cuts to spending, which would allow rates to come down. It would also likely cause a recession, IMO.