Over the next 50 years, how are we plebs going to keep all of the Bitcoin from being swept into corporate and government treasuries, and being moved off the table?
#asknostr #bitcoin
Discussion
Permissionless system. We can’t do anything other stack ourselves and help our people stack. The rest is out of our control.
Impossible. Ride the wave and use the extra time we have been given to maximize doin what we love.
We can’t stop them from acquiring it now in the fiat landscape. But, as it flows away from them in the future, we can make sure it doesn’t flow back. #buylocal #support smallbusiness
Is it plausible that early adopters with decent holdings will become power brokers on par with corporate and state actors?
Whoever has the guns and the media i suppose
I’m mostly just thinking about my kids and grandkids.
and then they issue credit Backed By Bitcoin™
it'll be great
That's when I flip it all to monero. In fact, I buy bitcoin so that I can get more monero
XMR is underrated. It’s the only altcoin I own. My bag is almost entirely bison tho.
Bitcoin. Damn.
Sadly there probably is a bison coin lol.
I don't stack anything else, just the usual ribbing with kanzan. I do appreciate the tech of xmr though, and the cult/feds are cool too
lol @ bison coin. What’s kanzan?
There guy I was originally replying to. nostr:npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxa
lol
this is the way
You think corporations and governments will be able to hold it forever?
As they form and dissipate, the Bitcoin in their treasuries will return to the great sea of liquidity. As wars are fought and decided between states, Bitcoin will be moved around as the spoils. As any centralized body wants to make changes in the world, Bitcoin will have to flow out of their coffers eventually. People won't accept stablecoins and debt-money forever.
Because scarce money has to be used to purchase necessities.
A bit late…