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William ₿ Travis 4mo ago

nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqprpmhxue69uhhyetvv9ujucm4wfex2mn59en8j6f0qythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7snuh0e is tying himself to this guy.

Tether CEO Paolo Ardoino has previously described gold as “natural Bitcoin,” and suggested in a separate interview that if a global “reset” were to occur, it would “happen in gold.”

"Natural bitcoin." I guess math is unnatural, and the reset will be brought to you by the "what if there's no power or internet" guys.

Goid luck everyone.

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Discussion

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TeslaLiberty 4mo ago

I think he is just a sound money supporter and the OG sound money is Gold.

His Bitcoin position in tether is 92 000. He believes on bitcoin for sure

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William ₿ Travis 4mo ago

Gold isn't sound money, and he knows it. Gold has been so papered over that it can no longer serve as sound money. The second the reset happens on gold, the paper system starts all over again. He may be right, but he's getting excited about a broken system, so no vision.

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TeslaLiberty 4mo ago

Don't you think that's a little harsh for one of the greatest entrepreneur the world has seen ?

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William ₿ Travis 4mo ago

who's the entrepreneur we're talking about?

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Spencer 4mo ago

If you take natural to mean “Naturally occurring in nature” then he’s not wrong.

For the reset, it just depends on timing. If it happens anytime soon, gold likely will play a larger role than bitcoin simply because nation states are used to it and understand it better.

That being said, bitcoin still outperforms gold in that scenario and eventually eats gold.

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William ₿ Travis 4mo ago

Math and people occur naturally in nature, but sure, we'll go with the tether guy.