Gold is "backed by" its scarcity.
Bitcoin is credibly more scarce.
Easy.
Meh, I don't believe that they really want to keep inflation under control.
You gotta have a quick printer trigger finger to steal everyone's wealth before they get Bitcoin.
I want sure to start with but it brought it back toward the end.
Maybe he's right.
But maybe these people are not bitcoiners.
Yet. 🤞
Intensifies...
I'm struck by how prosaic bitcoin to 1M looks here...
💯 we need someone to put the central bankers heads on the printer dudes in the video!
#[3]
US FEDERAL RESERVE: THE FED AND THE CENTRAL BANKS OF THE UNITED KINGDOM, CANADA, JAPAN, THE EUROPEAN CENTRAL BANK, AND SWITZERLAND ANNOUNCE A COORDINATED ACTION TO IMPROVE LIQUIDITY PROVISION THROUGH THE STANDING US DOLLAR LIQUIDITY SWAP LINES.
Doesn't sound serious 🧐😬
Didn't know anything about it.
Looks good! 👀
That'll do, cow. That'll do.
That's roughly right although it's just how I remember that part from memory.
If you can make a heap of all your winnings,
And bet it all on a game of pitch and toss,
And lose, and start back at the beginning
And never breathe a word about your loss.
There's a reason this poem is so famous 😊
Envy the committed shitcoiner.
His cost basis will get lower FOREVER.
😂😂😂
The question everyone is asking:
is Balaji one pair of sandals short of his two show boxes?
One of the guys who does the all in pod with Chamath and the other VC shitcoiner crew.
Balaji's tweets make me sad that I don't have any Bitcoin left and my wife won't let me buy anymore.