from Luke Broyles

Let.  Me.  Say.  It.  Again.

98% of nations or political states that hit 130% sovereign debt to GDP in the last 225 years had hyperinflation, default, or war within 15 years.

That means your historical EXPECTATION is for the USA to have a major war, default, or hyper-inflationary event in the mid-late 2030s or sooner.

Other options are obviously possible, but for it to take longer than 2030s would be (by definition) a historical outlier… For it to never happen is even more remote.

To assume “X can’t happen because our economy is big” is to be historically naive… 

Germany was the 5th largest economy when it underwent hyperinflation in the early 20th century.

The Dutch went from global superpower defeating the British in multiple wars and colonizing modern New York to default.

The Spanish Empire produced 80% of the world’s silver then hyperinflated.

China in the 12th century. Egypt. The Persians. Britain. France. Japan. India. On and on…

It is entirely possible to have a currency or debt reset without the end of the world. Default is the optimistic scenario.

The reason we can guarantee our debts in nominal terms is because we guarantee debasement in real terms.

It is a mathematical certainty debasement will occur because we guarantee to never become nominally insolvent.

This is not a debt problem, but a debt-to-equity problem.

What were to happen if instead of collapsing under debt, the United States were to just add #Bitcoin    to it’s balance sheet and pump it up thus making itself solvent again?

Few understand the game of musical chairs.

In the same way Michael @saylor destroys the monetary premium of his stock, increases debt, and buys #Bitcoin   … governments will be forced to consider the same.

The only way to save your company/government becomes to destroy the political currency premium ASAP via converting it into #Bitcoin    premium.

The optimal path for one to protect themself is to transition from fiat to #Bitcoin   … from the individual to the billionaire to the nation-state.

We will cross the chasm where #Bitcoin    goes from being viewed as a speculative internet number to being the backing behind political currency in of itself.

We are approaching a cliff of unsustainability where the universal answer is to plug the ever-widening insolvency hole with an ever-faster printer forcing the #Bitcoin    price ever-higher.

A million simulations, countless historical examples, and game theory all pointing to the same direction.

In short:…

When few want to buy your bonds+fiat because it is backed by nothing print more of it out of nothing and dump that new supply onto those still willing to sell #BTC    for it… This works until the latter group has fully transitioned to the former (which you are accelerating).

Then… infinite bid.

Printing your currency for #Bitcoin    becomes the only way to stay solvent today but in doing so you make the end state of nobody wanting your currency only more inevitable.

Max pain for #Bitcoin    is up, up, up.