https://xcancel.com/DSBatten/status/1857845062991769918#m
πmany insightful responses. Interesting how another purpose of BTC is to transfer wealth and power from statist βbig-govtβ people to more libertarian, βsmall-govtβ, freedom-loving people. We saw that in this election and how successful the BTC PAC was at eliminating reps who were anti-bitcoin. Bodes well for the future if wealthy and powerful people just want to leave others alone.
We watched how degens used options to send GME to the moon. You canβt issue more BTC so BTC has no pressure release. Could even be more volatile. π
Two ways to slay the beast:
Congress ends the Fed
SBR and no capital gains on BTC
Once BTC is de facto legal tender, then we will watch the Fed whither and die.