Oddbean new post about | logout
 The particular brand of orange pill that Saylor offers is perfect for older tradfi investors, as it requires minimal changes to their mental model of the world (ie. just add Bitcoin).

For those who are younger, or further down the path of logical conclusions, the current fiat system cannot stand.

Once Bitcoin reaches a tipping point where it becomes obvious you’d want to hold sats instead of bonds, the entire system will change irreversibly.

Yes, even JP Morgan Chase, Coinbase, and the Federal Reserve itself will rugpull eventually. It’s not if, but when.