And with it so will billions of $ worth of fake BTC in the form of WBTC, BTCB, BCH etc. I will enjoy watching that happen!
Bitcoin popped my bubble of ignorance
∞/21m
Often times the truth is too uncomfortable to acknowledge as truth.
A pandemic destroying small businesses followed by fiscal rates that collapse everything but the largest entities which get saved via preferential treatment from central banks.
Does that sound like an effective plan, Klaus?
Contributing to OS bitcoin and NOSTR apps is amongst the most fulfilling work I've ever done. I want more!!!
When #[0] gets on TV 💥💯
And what about selling BTC p2p in exchange for services that are typically priced in FIAT? That is value that could have been entering the fiat system but is instead entering the Bitcoin system and thus, by default, leaving the FIAT system.
Best android lightning wallet for orange pilling newbies that don't have a node?
Ethereum as shit as always.
Most CBDC's will go live 2026-2027.
You sure you've stacked hard enough, anon?
CREDIT SUISSE CEO: Steady Lads, our liquidty base is strong.
- Around 2026 the new ESG carbon credit laws will take effect in most western countries, forcing businesses, their suppliers and their customers to conform or face harsh penalties. Businesses will conform because the alternative for most of them will be bankruptcy.
Bitcoin mining businesses using grid energy will capitulate.
- CBDC's will be implemented. Enforcement of the ESG credit system will strengthen.
- Compliant businesses will edge closer to bankruptcy anyway due to the poor economics that result from complying to ESG regulations, but they will receive preferential financial support like cheaper loans from lender entities.
- Debt in the system will grow exponentially. Capital flight will occur into scarce assets.
- Wealth will continue to centralise towards the top, and as more and more businesses buckle under the financial strain that comes with being compliant, supply shortages will become normal and inflation will rise dramatically.
- Fed will raise rates to "fight inflation" as they've always done, economic conditions will tighten even further and 99% of those "compliant" SME's that were surviving only due to the preferential financial support they were receiving will finally collapse into bankruptcy.
- Creditors and conglomerate giants will acquire the assets and in turn supply chains will begin to stabilize. Currency debasement wil continue exponentially to service the debt of government and the top ESG compliant "too big to fail" conglomerates.
- Persistently brutal financial conditions will make 15 minute cities popular, subscriptions for physical items normal, and property rights will edge closer to abolishment.
- You will own nothing and be...
- Bitcoin, unstoppable as it is, will emerge as an parallel system and take on the role of cash in a now cashless society. It may or may not be legal, but its superior qualities will see it being used regardless.
- Many, many years later BTC may take over in an official capacity when it's userbase grows large enough to topple the authoritarian powers that be.
- Around 2026 the new ESG carbon credit laws will take effect in most western countries, forcing businesses, their suppliers and their customers to conform or face harsh penalties. Businesses will conform because the alternative for most of them will be bankruptcy.
Bitcoin mining businesses using grid energy will capitulate.
- CBDC's will be implemented. Enforcement of the ESG credit system will strengthen.
- Compliant businesses will edge closer to bankruptcy anyway due to the poor economics that result from complying to ESG regulations, but they will receive preferential financial support like cheaper loans from lender entities.
- Debt in the system will grow exponentially. Capital flight will occur into scarce assets.
- Wealth will continue to centralise towards the top, and as more and more businesses buckle under the financial strain that comes with being compliant, supply shortages will become normal and inflation will rise dramatically.
- Fed will raise rates to "fight inflation" as they've always done, economic conditions will tighten even further and 99% of those "compliant" SME's that were surviving only due to the preferential financial support they were receiving will finally collapse into bankruptcy.
- Creditors and conglomerate giants will acquire the assets and in turn supply chains will begin to stabilize. Currency debasement wil continue exponentially to service the debt of government and the top ESG compliant "too big to fail" conglomerates.
- Persistently brutal financial conditions will make 15 minute cities popular, subscriptions for physical items normal, and property rights will edge closer to abolishment.
- You will own nothing and be...
- Bitcoin, unstoppable as it is, will emerge as an parallel system and take on the role of cash in a now cashless society. It may or may not be legal, but its superior qualities will see it being used regardless.
- Many, many years later BTC may take over in an official capacity when it's userbase grows large enough to topple the authoritarian powers that be.
