Oddbean new post about | logout
 hold up…  🤔💡

#Bitcoin is the hardest most pristine collateral in history 

if #Bitcoin truly becomes global money

if BlackRock becomes the largest holder of #Bitcoin on the planet 

does BlackRock become the new 🌎 Central Bank? https://image.nostr.build/d47e483fc4047ba2f242dcbb5b45d14dc0adfc625978bdc3a89e56dfae582d8d.jpg  
 I wonder this too... 
 There will be no central banks 
 No because they have no control of transactions on the Network or the money supply. They’d just hold a lot liquidity with the programmatic central bank (Bitcoin) 
 Nah dude. BR could hodl 19.8M btc and there would still be enough for the world, there would still be enough for freedom because SATs are infinitely divisible.