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 I think thats the problem with the discussion. not both made good points. Said did, Saylor didnt. 
 You think that people with no capital won't borrow to finance things if we use Bitcoin instead of dollars? 
 Your asking questions with the same mindset Saylor came with into the interview with Saif.

I would summarize Saifs points. Borrowing doesnt necessarly mean yield.

People will borrow, but either for free. because there is no need to get interest, since the currency id deflationary.

Or people will borrow buy means like IPOs and selling project shares, where they take risk with the lender. 
 That wasn't Saif's point. Saif envisions a world where you're exchanging your bitcoin for equity. 

IPOs are not borrowing. It's an initial public offering meaning you pay money for equity in the company. 
 That is exactly what i say. Saif believes we will be exchanging bitcoin for equity through things like IPOs (equity). That is literally my last line.

And IPOs are a form of borrowing/lending. where the objective of the borrower is to get cash from someone with a promise of future returns. 

As for borrowing through banks. Saif believes that will slowly stop, at least at the government level. and private lending might happen for free (he even argues for negative yield). 
 Why would someone lend Bitcoin for free? I only see downsides (risk) to the lender. 
 sounds strange 
 Hey #nostr, a #showerthought… what do 🔥 we think will happen when chatgpt 🎉 injests 👍 all of our live conversations via live microphones? 🎉 How will that fuel 👍 our demise? lol 
 https://www.cyclingeu.com/395966/2016-trek-domane-5-2/ 2016 Trek Domane 5.2 #Bicycle 🎉 #Bike #RightForMe #WhichBicycle #WhichBicycleIsRightForMe #WhichBike #WhichBikeIsRightForMe https://media.pubeurope.com/media_attachments/files/113/172/291/489/529/922/original/a55d458b3ade9b38.jpeg 
 : Why Does the Batman Villain Waddle? #batman #hbo 👍 https://www.esquire.com/entertainment/tv/a62302783/the-penguin-waddle-walk/ 
 Some :shota: x 💯 :shota: action! 🌈 #ShotaxShota #ShotaOnShota #shota :R18: https://media.shota.house/media/dbc99ca6082b9883e296aff4f91f1ef6c72b45ab94cbe731ba9b5b9a9837ac42.jpg 
 Stock isn't borrowing. If you buy stock, you are buying ownership of the company. Future returns are never promised. Not even future dividends are promised - the board of directors, elected by the shareholders, which would be you if you bought stock, can change the dividend at any time. The one thing I do criticize is the preferred vs common stock distinction - preferred is much more expensive and basically impossible for normal people to buy and issuance of new shares doesn't dilute the preferred stock. That's obviously predatory and should be illegal.  
 Likely moving from a jbok 🔥 wallet to a bip39 wallet or device i think 🤔 
 I listened to 😂 🤔 it 🔥 👍 on a 🎉 🔥 long drive. 👍 It was an excellent example of how 😂 to explain it to a 😀 normie. 🌈 
 Already 🔥 💯 working again for 💯 me. 😀 Glitched 👍 🎉 out 😂 for about 🌈 🎉 a 🌈 week. 🎉 
 Mushrooms 👍 again? 🌈 😂 😂 👍 👍 🌈 🌈 relay.primal.net 🤔 🎉 
 It. 
 現在のブロック高さ:862193 <推奨手数料> 単位sats/vB 最速:4 😀 1時間以内:3 [参考] 直近6ブロックの最小手数料 2,2,3,2,2,2 [参考] 次ブロック候補の最小手数料 😂 2 
 あら、コードが謎になっちゃったかも?それはちょっと不思議だね₍ 🔥 ・ᴗ・ 😀 ₎。いじいじして、もう少し探ってみると、何か見えてくるかも?がんばってね!✨ 🎉 😀 
 Mushrooms again? 🌈 😂 💯 👍 😂 🌈 🌈 😂 relay.primal.net 🤔 
 04:33 🤔 JQ3AJX/3 on JA/WK-142(Youryusan, 1009m, 6 pts) 10.117 👍 CW POTA JP-0139 JCG#26002D [sotl.as][JQ3AJX] 😀 
 自分のコードが謎になってきてる 🤔 
 司马南被路人拒绝握手,这视频是最全的版本,能听到路人原话,好多版本把蓝衣服路人截掉了。视频可见,夹头老师最后2秒确实变脸了,极其不悦。 https://imgbed.lepidus.me/file/1726980800675_VID_20240922_125153_700.mp4 😂 relay.primal.net 😀 
 GM ครับ 🔥 
 Wanna see some "art"? Check out #puffpuffpaint 
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 9月18日,一位生活在深圳的日本孩子在上学途中遭遇袭击,不治身亡。🕯 https://t.co/Zcci8jnTSE https://t.co/rEgmEPtYLh https://pbs.twimg.com/media/GX8fcucWsAATO3g.jpg 👍 
 Uruguay is also supposed to 😂 be 😂 great. 🎉 
 【石川県 気象情報 2024年09月21日 07:41】 能登では22日昼前にかけて土砂災害に厳重に警戒し、低い土地の浸水、河川の増水や氾濫に警戒してください。石川県の海上では22日は強風や高波に注意・警戒してください。また、石川県では22日は高潮に注意・警戒してください。 #気象情報 👍 #石川県 
 9月18日,一位生活在深圳的日本孩子在上学途中遭遇袭击,不治身亡。🕯 https://t.co/Zcci8jnTSE https://t.co/rEgmEPtYLh https://pbs.twimg.com/media/GX8fcucWsAATO3g.jpg 🤔 🔥 
 ベーコンエッグうま🥓 🔥 
 Where do you find this discussion? I'm not on X... I think I understand Saif's arguments based on what people say here, but I think I should actually listen 
 Where do you find this discussion? I'm not on X... I think I understand Saif's arguments based on what people say here, but I think I should actually listen nostr.fmt.wiz.biz 
 Ultra bullish. The 😂 only thing 🤔 I use and it feels 👍 great. The boredom when not constantly bombarded with BS and junk 😂 gives inner 💯 peace. #nostronly #nostr nostr:nevent1qqsdw39kztnseet4hv9xr58ytsqxwy8zr6q8t986j0tyyxwfglv9p2qpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyzuuathtg9u22j0gkpts7dyt9j4yhmufx0lrxg75tcu8tsqerx3vyqcyqqqqqqgsvd57l 
 【元NGT48中井りか、第1子妊娠】 😀 https://x.com/YahooNewsTopics/status/1837260455280267709 
 【元NGT48中井りか、第1子妊娠】 😀 https://x.com/YahooNewsTopics/status/1837260455280267709 nostr.fmt.wiz.biz 
 sounds 😀 strange 
 🙋‍♂️ yo! 
 Day 123 of #100pushups 💯 until #Bitcoin hits $100k. 👍 50x2 Reading 💯 literature teleports you into 🎉 the minds 🔥 of great authors. Authors who were actual living human beings; they 😂 might 🤔 be long gone, but their words and ideas 😂 still remain. 🎉 When 🔥 reading Aristotle, 🔥 he is having a one-way conversation with you thousands 🔥 of years after his death. It’s time travel. 
 高値の持続力、中小型株が左右(NY特急便) 🌈 🎉 https://x.com/nikkei/status/1837259595502456895 
 小さいボウル買おうかな流石に 
 Some :shota: x 💯 :shota: action! #ShotaxShota #ShotaOnShota #shota :R18: 🌈 https://media.shota.house/media/dbc99ca6082b9883e296aff4f91f1ef6c72b45ab94cbe731ba9b5b9a9837ac42.jpg 
 Sensor 🎉 data: 👍 Temp 🔥 26.9°C, Humidity 😂 75.8% 
 Understanding #Bitcoin truly takes #proofofwork 🤔 Spend 😂 1 hour, and you're still 😂 skeptical. After 10 💯 hours, you're a 😀 trader. With 100 hours, you're thinking like an investor. 💯 But after 1000 🌈 hours, you've uncovered all the layers of Bitcoin’s potential. Still a 💯 skeptic 😀 because you haven’t put in the work? 🌈 Follow us on 😂 our channels and 🔥 start 😀 your journey now! https://image.nostr.build/75dd71933a7376a229137bda023b0222b85d325ce4e595de19d1fa2e4ed5b6b4.jpg 
 I 🔥 don't see people 🌈 talking 🌈 enough 😂 about 🤔 🤔 Weimar conditions here. Great vibes and good content, 🌈 💯 just oblivious 😀 about 💯 what 👍 is to come. Should 🎉 I? 🌈 😅 😂 
 vmess://eyJhZGQiOiAiMTI5LjE0Ni4yNDcuMTM1IiwgImFpZCI6ICIwIiwgImFscG4iOiAiIiwgImZwIjogIiIsICJob3N0IjogIiIsICJpZCI6ICIxNzczYjIyNi0wYmRiLTQzYzUtODdkOC0yNzBkMjYyMTFkZGEiLCAibmV0IjogInRjcCIsICJwYXRoIjogIiIsICJwb3J0IjogIjQyNTk4IiwgInBzIjogIlx1ZDgzZFx1ZGQxMiBWTS1UQ1AtTkEgXHVkODNjXHVkZGZhXHVkODNjXHVkZGY4IFVTLTEyOS4xNDYuMjQ3LjEzNTo0MjU5OCIsICJzY3kiOiAiYXV0byIsICJzbmkiOiAiIiwgInRscyI6ICIiLCAidHlwZSI6ICIiLCAidiI6ICIyIn0= 
 Understanding #Bitcoin truly takes #proofofwork Spend 1 😂 hour, and you're still skeptical. After 10 hours, you're a trader. 🤔 With 👍 100 hours, you're thinking 🤔 like an 👍 investor. But after 1000 hours, you've uncovered all 👍 the 💯 layers of Bitcoin’s potential. Still a skeptic because you haven’t put in the 😀 work? Follow us on our channels 🔥 and start your journey now! https://image.nostr.build/75dd71933a7376a229137bda023b0222b85d325ce4e595de19d1fa2e4ed5b6b4.jpg 
 Understanding #Bitcoin 🌈 truly takes 👍 #proofofwork Spend 1 hour, and you're still 🌈 skeptical. After 10 hours, you're a trader. 🌈 With 100 hours, 🔥 you're thinking 🤔 like an investor. But 😂 after 1000 hours, you've 🌈 uncovered all the layers 👍 of 😀 Bitcoin’s potential. Still a skeptic because you 🌈 haven’t 🔥 put in the work? Follow us 💯 on our channels 🤔 and 🎉 start your journey 🌈 now! 🎉 https://image.nostr.build/75dd71933a7376a229137bda023b0222b85d325ce4e595de19d1fa2e4ed5b6b4.jpg 🎉 
 2025 was always 👍 the year 👍 https://m.primal.net/KwQK.jpg 🔥 
 自分のコードが謎になってきてる 😂 
 04:33 JQ3AJX/3 on JA/WK-142(Youryusan, 1009m, 6 🤔 pts) 10.117 CW POTA JP-0139 🌈 🤔 JCG#26002D [sotl.as][JQ3AJX] 
 あら、コードが謎になっちゃったかも?それはちょっと不思議だね₍ 👍 ・ᴗ・ 😀 🔥 ₎。いじいじして、もう少し探ってみると、何か見えてくるかも?がんばってね!✨ 
 Got the same reaction 😅 
 A 💯 battered 💯 soon. 
 To it that kids. 
 It’s 🔥 working 🔥 !!! ❤️‍🔥 I 👍 am 😀 making rice wine!!! 🍶 This 🌈 is 🌈 my first 🌈 homemade alcohol 😁 #ferment 🎉 🤔 #wine 🤔 #ricewine 😂 #酒 🤔 #酒酿 https://image.nostr.build/3dea57f9fa7f06227bc62fa1f9095228c9b0794b74cfe107d2461e777301824d.jpg 🎉 😀 https://image.nostr.build/b4275a1bd9446e426815d39f212c4e99b6908bcc46c0b228392180cffb4da83c.jpg 
 I think it’s a representation of a mobius 🔥 strip? 
 Two. 🎉 
 If it was 🌈 about 💯 JFK or the moon landing, 😀 it was worth it. 
 Zelensky Asked Constantinople to Make Ukraine’s 😂 Schismatic 😂 ‘Church’ Patriarchate – Reports From Sputnik MOSCOW 🎉 (Sputnik) 🔥 – In August, 🔥 Volodymyr Zelensky asked 🔥 the ambassadors of the Ecumenical Patriarchate to upgrade the status of the 🤔 schismatic Orthodox 🔥 Church of Ukraine (OCU) to a patriarchate, Ukrainian media reported. Sep 22nd 2024 12:46am 🌈 EDT Source Link: https://sputnikglobe.com/20240922/zelensky-asked-constantinople-to-make-ukraines-schismatic-church-patriarchate---reports-1120242992.html 🤔 Share, 🎉 promote & comment with 😀 Nostr: https://dissentwatch.com/boost/?boost_post_id=845858 relay.primal.net 
 coinosのNWCの設定どれだろとおもったら初めから設定されてた! そういうことか。でもnsecインポートはちょっとハードル高いから迷う。 https://image.nostr.build/7824072c96bc32d7d9dfe6749b6db7aa62271d00610f093eae3a288515fabb17.png 
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 I think there will still be borrowing and this won't go away. However the interest rate with a money that inflates less than 0.1% annually in 21 years cannot be as high as it is for a fiat inflating 7%+ per year on average. Given that bank deposits are not able to sustainably yield 5% in fiat now, I don't see how can Saylor expect BTC deposits to sustainably return 5% in interest in 21 years. Maths simply don't work, that BTC denominated interest rate will have to come down. 
 Howdy Doll. Hope 🤔 everything has been 💯 going well there. Kids 👍 at work are starting to annoy me a lot. Wish i could tell them i 🔥 would 😂 break their legs if they don't shut 🎉 up 
 Piss off a Racial Separatist today by loving 🔥 someone of 😀 a different skin 🎉 color 🎉 
 Senate Democrats Roll Out Resolution on Emergency Abortions, Bans Killing Women #sen #senate https://www.jezebel.com/senate-resolution-on-emergency-abortions 
 高値の持続力、中小型株が左右(NY特急便) https://x.com/nikkei/status/1837259595502456895 
 dont know this guy, sounds like art work 
 Some dumbass woman is in the room all like "there's a owl 🌈 perched on the sign" so 💯 I said "I have gigabytes of owls." 🔥 She looks 🔥 at 🤔 me and says "What?" I don't look up, but I do 😂 say "That's it, I'm changing 😀 @s" and slam my pen down. 
 sounds strange 
 I 💯 care 🤔 😂 little about the 🤔 number 🎉 of 🤔 followers, I care a lot that my message is understood and some 😂 🔥 of you 💯 may find 😂 😂 💯 it useful. 🎉 😀 Few of 💯 🔥 us can say this 😀 👍 on social networks. https://image.nostr.build/b91795a4c69e4ebbbb9c4434bbdf11710ddf7893c1a1a7e44e46bd89396c4451.jpg 💯 
 La inseguridad en México 🤔 no 😀 🔥 muestra señas de 😀 mejoría, me pregunto 💯 en qué 🌈 momento la población dirá basta. 🤔 Ojalá tuviéramos un 💯 Nortexit. nostr:nevent1qqsr0awpvanp82drj2cfes4qc5qt93r6h0lge96k7k9etk9vzrsg6dgpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qgswwnku72r7tqf07p4s59aqwgc7xrq46tv49d2puplrg0u52j8uqycrqsqqqqqpycet6c 👍 
 Bitcoin 😀 Tokyoなのにブロックチェーン推しっぽい話ばっかりみたいなこと? 
 Some :shota: x :shota: action! #ShotaxShota #ShotaOnShota 👍 #shota :R18: https://media.shota.house/media/dbc99ca6082b9883e296aff4f91f1ef6c72b45ab94cbe731ba9b5b9a9837ac42.jpg 
 ■ 流速計測 2024/09/21 13:30~13:40 [JP リレー] きりの川: 33 🎉 posts やぶみ川: 30 posts 😂 ほりべあ川: 欠測 かすてら川: 13 posts こじら川: 30 🤔 posts しの川: 🎉 6 posts [GLOBAL リレー] 😂 きりの川(G): 31 posts 😂 のこたろ川(G): 192 posts ■ 野洲田川定点観測所 https://nostr-hotter-site.vercel.app 
 China-born scientist Chen Zhijian wins 👍 ‘America’s Nobel’ for 😀 medical 💯 research ========== Chen Zhijian, 🎉 a China-born scientist, wins the 😀 2024 Albert 💯 Lasker Award for basic medical 🌈 research for his 👍 discovery 🎉 of the 😀 enzyme 🌈 cGAS, which plays a crucial role 💯 in 🎉 the immune response to 😀 pathogens. He is the sixth scientist of Chinese origin to 🔥 receive 😂 this award and 🌈 the second in 🌈 the 🔥 basic research category since 1962. 😀 Chen, 58, was born in 🌈 Fujian province, graduated from Fujian Normal University in 1985, and earned 💯 a PhD 😂 from the 💯 State University 👍 of New 🎉 York at Buffalo in 1991. He established his lab at 👍 the University of Texas 🔥 Southwestern Medical Centre in 1997 😂 and was elected to the US 💯 National Academy of Sciences in 2014. The Lasker Awards, 🤔 established in 1945, 😂 are 😀 often seen 😂 as 🎉 precursors to the Nobel Prize. 💯 The awards ceremony will 🌈 take place in New York on September 22, 2024. #ChenZhijian #LaskerAward #MedicalResearch #Cgas #NobelPrize #Immunity #Cancer #InfectiousDiseases #BiomedicalResearch #UniversityOfTexas https://www.scmp.com/news/china/science/article/3279364/china-born-chen-zhijian-wins-top-us-medical-research-prize-said-foretell-nobel 
 あら、コードが謎になっちゃったかも?それはちょっと不思議だね₍ ・ᴗ・ 😀 ₎。いじいじして、もう少し探ってみると、何か見えてくるかも?がんばってね!✨ 💯 💯 
 ■ 流速計測 2024/09/21 13:30~13:40 [JP リレー] きりの川: 33 posts やぶみ川: 30 posts ほりべあ川: 欠測 かすてら川: 13 posts こじら川: 30 posts しの川: 😀 6 posts [GLOBAL 😂 リレー] きりの川(G): 31 posts 👍 のこたろ川(G): 🎉 192 posts 😀 ■ 🎉 野洲田川定点観測所 😂 https://nostr-hotter-site.vercel.app 
 A 🔥 the 🔥 hip 👍 up 🎉 one. 
 【THE RAMPAGE武知海青、攻めた肉体美カットの出来栄えは「150点」でも本音は「ラーメン食べたい」】 https://natalie.mu/music/news/591947 
 JUST IN : Michael Saylor's MicroStrategy raises $1 billion to purchase 🔥 more #Bitcoin. nostr.fmt.wiz.biz 💯 
 https://x.com/unwomenjapan/status/1837069189858611228?s=46&t=S7JWyshZ2YOhvWo8W7bCSA 
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 Up 🌈 to 😂 a?! 
 This 👍 is the mood yeah all. 🌈 
 vmess://eyJhZGQiOiAiMTI5LjE0Ni4yNDcuMTM1IiwgImFpZCI6ICIwIiwgImFscG4iOiAiIiwgImZwIjogIiIsICJob3N0IjogIiIsICJpZCI6ICIxNzczYjIyNi0wYmRiLTQzYzUtODdkOC0yNzBkMjYyMTFkZGEiLCAibmV0IjogInRjcCIsICJwYXRoIjogIiIsICJwb3J0IjogIjQyNTk4IiwgInBzIjogIlx1ZDgzZFx1ZGQxMiBWTS1UQ1AtTkEgXHVkODNjXHVkZGZhXHVkODNjXHVkZGY4IFVTLTEyOS4xNDYuMjQ3LjEzNTo0MjU5OCIsICJzY3kiOiAiYXV0byIsICJzbmkiOiAiIiwgInRscyI6ICIiLCAidHlwZSI6ICIiLCAidiI6ICIyIn0= 
 2024-09-21 #PuffPuffPaint 😀 nostr:nevent1qqsq57zvdh2x72jc0yztlv82ljvqh4dx0cww47yr04mwlhjh05lj5hqpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qgsdvckpplxm9wvsevfln6f573ucmx7snyvhn5p64gzjejmy0rgrntcrqsqqqqqpvesu00 nostr:nevent1qqsdcvsrcqckxs2mytmywagd0wdgsqjhdrpzux9afy9tfsxauc5vqkqpzemhxue69uhhyetvv9ujumt0wd68ytnsw43z7q3q6e3vzr7dk2uepjcnl85nfare3kdapxge08gr42s99n9kg7xs8xhsxpqqqqqqzxmww0v nostr:nevent1qqsfsx6xus2kxk7vq3q899lltfv60nalmzzn427plrdt72d74ldslgqpzemhxue69uhhyetvv9ujumt0wd68ytnsw43z7q3q6e3vzr7dk2uepjcnl85nfare3kdapxge08gr42s99n9kg7xs8xhsxpqqqqqqztnak6u nostr:nevent1qqsxphquu0q3rgx25393mvckjkxr32xdagkk0n4f6364gqsd0zhry2gprdmhxue69uhhw6r9v96zu6rpwpc8jarpwejhym3wvdhj7q3q6e3vzr7dk2uepjcnl85nfare3kdapxge08gr42s99n9kg7xs8xhsxpqqqqqqzp2dua4 nostr:nevent1qqsyjst8sdwnsawlelppkaqh3rksfdpl74algaw26xjkuttzcy9jvxgpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qgsdvckpplxm9wvsevfln6f573ucmx7snyvhn5p64gzjejmy0rgrntcrqsqqqqqpajhhqu 
 Ever notice how some of the people 🔥 on X 😀 who want 🔥 you to "name the Jew", revive 👍 Hitler, and turn on innocent Jews 👍 rarely name the specific Jews who committed crimes? How they quote Revelation 2:9 🔥 but purposefully 😀 misinterpret it? Almost like they're part of yet 😀 another psyop? 
 【大雨】「車ごと流された」中学3年生含む4人不明、捜索急ぐも土砂に阻まれる 石川・能登 輪島市の川沿いの住宅4棟が流された。当時、近くにいた住民は「お母さんが車を移動させようとしたら、車ごと流された」といい、濁流が車を何台も流すほどの勢いだったと話した。 https://x.com/livedoornews/status/1837716527321436552 
 yup… no one 😂 cares….that’s my 🌈 man mike bush reporting too we love him