Hey I just want to appologize for what I said yesterday. I went and did like 45 min of research and learned I was wrong.

i am not running a study my dude. Anecdotal and empirical observations 🧐

only retards so it's allowed

We were not put on this earth to be miserable. Not a damn thing wrong with finding a little joy today 🫂

buying a village with friends and starting a citadel there sounds like a great idea but when you get down into the details of trying to determine a good location for it then things start to get very complicated quickly

That’s a good position to hold

But crypto is more popular than Bitcoin

That BTC is the value which is impossible to pay back in Bitcoin at today's USD peg.

The fact is that no one can buy all of the Bitcoin. It's impossible and will never happen.

Second, the debt of the planet in Bitcoin is exactly 21,000,000 BTC! NO ONE WILL EVER PAY THAT.

The debt of the planet is based on all of the existing money in existence. Once a money is converted to another the debt assumes a different value. With denominator less currency the debt is infinite. With a denominator based currency it is the value of the denominator and numerator equaling 1.

Pegging purchases in Fiat currency to Bitcoin buying at the same Fiat peg is confusing and the language would be clearer if the statement was that at today's Fiat valued debt and Bitcoin peg you could buy this with this but that's false.

The debt is a snapshot. We don't have fractional reserve banking we have no reserve banking.

Meanwhile it is good to understand that the same amount of money that exists on this planet has always been here! It's just what peg you want to hang the value hat on.

With 2.1 quadrillion sats on chain we can peg each one to dollars today and the debts could be settled tomorrow.

Dating in 2025 🫠