What am I missing here? IF it’s true (and it is true) that there are and will be capital controls, then all the dollars, euros and other fiat currencies that “you have” in “your bank account” are just exposure to dollars, euros and other fiat currencies. You need a permission to use them. And the dollars, euros and other fiat currencies that you have in your pocket (cash) are yours to use without a permission. Right…? And if you own financial instruments, then those financial instruments are exposure to your local fiat currency. So, if you own Strategy, Metaplanet or another Bitcoin treasury company and you want to sell those to buy Bitcoin, then you will get some fiat currency exposure. And if your local capital controllers allow it, you can find a way to use the fiat currency to buy Bitcoin. So, shouldn’t we quit saying that people, who invest in these Bitcoin treasury companies, have exposure to Bitcoin? Shouldn’t we just say that they have exposure to their local fiat currencies? What do you think npub1f4q60j7fklm7sjzdz4ye42g5r3elnguuxajuch2kx8apulfkx0xqf2a37d, npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe, npub1klkk3vrzme455yh9rl2jshq7rc8dpegj3ndf82c3ks2sk40dxt7qulx3vt, npub1jt97tpsul3fp8hvf7zn0vzzysmu9umcrel4hpgflg4vnsytyxwuqt8la9y? All feedback is very welcome! I don’t care if you are a Bitcoiner, no-coiner, shitcoiner, blockchain enthusiast, or a fiat maxi. Or I do care… but I still want to hear what you think about this topic. If the logic is correct, then I think that it would be important that Bitcoin podcasters -- npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj, npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8, npub1hghnjjpnvkz8t6gkszuf37d7puwc2qtxc65rnklqsngzv6kkug9qhhfyz2, npub1d9dgsq34nx3e9t6yd4l9zvfcw7vxzmv5xesffyaa3dr780hm5k6qcg6h5w, npub1r8mtwq33nnvxh6rzs4h25agp7czth4yndcqxayvvecfek2js6wyqpcwp63, npub1dg6es53r3hys9tk3n7aldgz4lx4ly8qu4zg468zwyl6smuhjjrvsnhsguz etc. – educate their audiences about the difference. Naturally everybody is free to do whatever they want to. But words matter. Nowadays you hear people saying things, such as “When companies in the SP500 own Bitcoin, people who own SP500 have exposure to Bitcoin, whether they like it or not.” To me this does not sound like winning. Bitcoin will win, but not like that. npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle, you are a person with many Bitcoin-related businesses, an important podcast, and you are often talking in the mainstream media about money. I would love to hear what you think about this topic. #asknostr #microstrategy #strategy #Metaplanet #Bitcoin #BTC #USD #EURO #digitaleuro #sats #SP500 #paperbitcoin #paperbitcoinsummer
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