Replying to Avatar CensorThis

No one spends BTC

Saylor has no plans to sell BTC

The entire mantra is to HODL

BTC will not be spent.

So, … what’s the plan?

#asknostr #bitcoin
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ᴄʏʙᴇʀɢᴜʏ 👽 5mo ago

US govt has no plan to sell the gold from Fort Knox. But this represents the stability of the economy and for example it can be the a credit cover.

Saylor's BTC fortune also can be cover to a credit, can insure a real estate developing plan or other huge project.

Btw: all BTC could be same or similar functions, including tje US Strategic Bitcoin Reserves.

This is a possible plan

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CensorThis 5mo ago

Yes, this is more in line with what I’m thinking.

Jack Mallers post on “owning BTC, don’t spend it, borrow in fiat based on it.”

Your debt gets cut in 1/2 every few years.

BTC doesn’t need a L2, easy to access off-ramps, etc, etc

It’s a store of value for that will reprice EVERYTHING, eventually.