Nostr

I say maybe, because that may be what "hyperbitcoinization" looks like. I hope not. The only logical solution I can find is BIP300, but nobody else likes it. So I’m wondering what hyperbitcoinization looks like to others.

Law cannot go around killing innocent people on a maybe, but the Law most certainly does kill countless innocent people for less than that

mattybs 1y ago

I find it more probable that the same financial instruments end up being built on top of bitcoin collateral. The importance of bitcoin as a currency is more felt in developing countries.

But even in that scenario, bitcoin becomes incredibly valuable

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Discussion

SMS 1y ago

The most important aspect of the stay and conclusion is the “becomes” aspect of the equation

Buy #bitcoin

License to operate

BTCapsule 🏴 1y ago

Do you think we will still use Visa and keep everything the same, but the dollar will be "backed by" Bitcoin? Or will it just be another reserve like oil and gold?

SMS 1y ago

While bitcoins doesn’t have any real value in its own to be able to back anything.