Balaji and Dalio are dooomers .. they will always articulate their doomsday theories through extreme predictions .. the truth is , it is always the centrist who unite and lead the world .. Bitcoin maximalism is as extreme an ideology as extreme socialism .. both fail !
Something tells me we will play a significant role in the world to come
https://blossom.primal.net/43d005487bcef804aeeca9b23804e0f9467efbb9166d7a595182330933539310.mov
Discussion
Bitcoin maximalism is the base ideology. It’s the least extremist ideology in the world.
Circle devs think the same of USDC ... NFT folks think same of NFTs ... This is a key identification of someone in deep rabbit hole ... Truth gets distorted ... The truth is everything is important and everything works together .. Bitcoin has its place ... So does gold .. and USDC and NFTs ... There is no ONE solution that can be seen as a base ideology ... Base is everything together
Balaji isn't a doomer at all, on the contrary he's an optimist.
Balaji and Ray Dalio - both paint a doomsday scenario for US .. Their core hypothesis is US is in decline. They see US as an empire ..like the Romans or the Brits .... What they miss out is US empire has not even started .. most likely it shall start with Trump (aka golden age) with USD dominance .. and breaking of trade barriers with Tarrifs .. In essence , these people are calling out a decline of something that doesn't even exist ..which is so funny 😂😂😂😂