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Brock
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Who is going to buy the bonds, indeed. Ultimately, bitcoin as a protocol is positioned to act as the issuer of a widely accepted, immutable, permissionless money. The market is going to compare that money against other money technologies, like government issued treasury bonds.

If the risk-adjusted appreciation of the bitcoin market outcompetes the risk-adjusted yields of traditional government bond markets then bitcoin will attract capital that has historically been allocated to bonds.

There really is no practical world where the two systems coexist. Government issued bonds would have to set their rates to match Bitcoin’s annual appreciation. Even at bitcoin’s worst 4 year performance, you’re looking at 2-year / 10-year treasuries needing to be priced at 10%. Probably closer to 20-25%. Absolute economic chaos would ensue if that happened.

Purging non-active accounts. Amazing how many “heavy hitters” just up and left 1-2 years ago. Several “Primal 2024 OGs” are inactive, too. Bizarre.

Looks like the bot broke.

This is a great take. His history is littered with stories of sociopathy and power struggles. If he is out to save humanity, we might miss out on some of the most important elements: love, respect, honor, community, etc.

Would be a good voice to see more of on NOSTR. What is it about the NOSTR experience that keeps these X bitcoin accounts from making their same contributions over here?

nostr:nevent1qqsy00tuaedya053v53wtd37d7wxrc3c0s2mlqw0ku6qc9x6v0jevwqpr9mhxue69uhhyetvv9ujuam9d3kx7unyv4ezumn9wsu9hxwv

Have you had the accompanying, “and if I run a marathon, I might as well do an IronMan?”

100% when commerce and prosperity requires collaboration and assumes best intention, everyone is a lot more civil.

So if the strategy of a bond buyer is to “long the bond and short the stock” how might that be impacting MSTR share price? Does it impact the bitcoin price at all?