I think for someone like Larry-at the top of the fiat hierarchy, close to the money spigot and levers of power-it is a hedge against hope.
For the rest of us, it is hope.
nostr:note1cr843t6rg2ev77fve38ftha4p6yyqtfcrzwlax5k7rt9j63f88zs4va33f
Blackrock CEO has done a 180 on #bitcoin. But he says something here that I think is completely wrong.
He says bitcoin is a tool for expressing the viewpoint of being "more frightened of the world, more frightened of your existence" - and that bitcoin is not a tool for optimism.
This couldn't be further from the truth, and shows that Larry has a couple more steps to take down the bitcoin rabbit hole.
Bitcoin has many optimistic use cases as Freedom Money.
- Savings and money that you can hold yourself, without having to trust a third party to keep it safe for you
- A fast, cheap way to move money anywhere in the world ~instantly
- A method for activists to fund and run their organizations when they are cut off from the banking system by corrupt dictators, see work being done by nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu
- And finally, having money that protects you against hyperinflation by a poor government can be pretty optimistic.
Follow us a few more steps down the rabbit hole here Larry - lots more to see if you're looking for an optimistic case for bitcoin.
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