cyanoctopus

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cyanoctopus
npub1xes9...hsnp
Hi @npub1a2cw...w83a, if the introduction of new payment computers could theoretically expand the monetary base at a rate that offsets quantitative tightening (QT), then in a vaccum the 'money multiplier' might remain unchanged. In other words, if this happens, no cash would be retiredβ€”it would simply require an infinite amount of trust no one is taking advantage, right?
BTC is going to 0 or $250k in the next 10 months. Is going to 0 or $1m in the next 5 years. This spread is part of the same reality. Money needs to be one, credit needs to be siloed. This is not a bitcoin thing, is a money thing. This is not a currency thing, is a credit thing. Credit can play as money, money won't play as credit. If 0 will harm you, you should sell and never look back. If you know how to fight, if you know how to die, I will meet you on the other side.
"In each century since the beginning of the world wonderful things have been discovered. In the last century more amazing things were found out than in any century before. In this new century hundreds of things still more astounding will be brought to light. At first people refuse to believe that a strange new thing can be done, then they begin to hope it can be done, then they see it can be doneβ€”then it is done and all the world wonders why it was not done centuries ago." F. H. Burnett - 1911
Premium in $MSTR is not given by market belief, these are not animal spirits that never set foot in this world. It's the realization that you would be purchasing with credit ever scarce bitcoin at $MSTR historic average price. Premiums that every bitcoiner in the world collect in their hard wallets from inception if they listen. Mr. Saylor built a vehicle for institutions and shared his playbook.