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nobody
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I met a pleb at a local #Bitcoin meetup that prints #[1]​ cases. These moments hit hard.

His original intro was “a playbook during economic slowdown without high inflation, buy tech brimming w/ cash and doesn’t need equity or bond markets and therefore look like banks w/o risk to bank runs.”

I’m thinking: “In the wake of SVB, you made a recommendation on Wednesday to buy tech brimming with cash. Since Bitcoin allows you to be your own bank (I don’t like this setup, personally), would you recommend Microstrategy and their #Bitcoin reserves ahead of the next bank run?”

You make a good point though, Jim would probably jump to the same conclusion.

I don’t thinking I’ll have a way to retort, so I want to ask a powerful enough question that will force viewers to ask themselves the same thing later. Kind of like, “How does printing more pieces of paper reduces poverty?”

Here’s where I’m at currently:

“In the wake of SVB, you made a recommendation on Wednesday to buy tech brimming with cash. Since the supply of cash loses value faster in an inflationary environment than hard assets, would you recommend Microstrategy and their #Bitcoin reserves ahead of the next bank run?”

I added the last 6 words thanks to your response. Critique please?

Yeah, from watching the show, I only have one shot to pitch the question and won’t be able to go back and forth in a debate. I expect his response to dismissive, but I’m hoping to present a strong enough question that will be hard to refute. Kind of like, “Please explain how printing more paper reduces poverty.” Something impactful that people will keep asking themselves.

“In the wake of SVB, you made a recommendation on Wednesday to buy tech brimming with cash. Since the supply of cash loses value faster in an inflationary environment than hard assets, wouldn’t Microstrategy and their #Bitcoin reserves be a good investment?”

What you think? Great input btw

No, a run on the bank is a result of fractional banking. Bitcoin would not suffer from this, but an exchange might.

“In the wake of SVB, you made a recommendation on Wednesday to buy tech brimming with cash. Since the supply of Bitcoin cannot be changed like we’re seeing with the US dollar, wouldn’t Microstrategy and their Bitcoin reserves be a good investment?”

Critique please.

Friggin’ batteries, man…

Replying to Avatar Anti Spasti

5 sat/vB be like er.com/7Fhu.gif

After talking about money printing, I decided to give a dude at my dispensary a copy of The Mandibles. I’m considering buying a used copy every month just to give away.

Ugh tock* the joke is fucked now 😂