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Fiat currency is here to stay for generations and billionaires are not going to self custody. Where is the lie in those statements?
There’s no point in arguing about the future of fiat or how billionaires will custody their bitcoin because no one knows what’s going to happen. My point is that we shouldn’t trust saylor simply because he stacks a lot of Bitcoin especially when he seems like a huge statist and doesn’t support open source development.
Diplomacy bro. No one wants to get their heads chopped off
Exactly until Billionaires don’t rely on the state for some measure of protection, securing resources, whatever is provided, it all shall exist. People will keep doing stuff to get the things they want and at some point they don’t care at all about hidden costs. Check your desperation and motivation but how do you really know until you are tested?
That’s very possible and something I considered but we can’t ever know what is in his mind so his intentions don’t matter to me. His actions do. If he did block Bitcoin development, then fuck him. It’s like Michael Bitstein said, “everyone is a scammer.” Saylor is stacking his bag with tools that people like us don’t have access to. No one can get loans at the interest rates he can. People like us need the open source development of things like mutiny, sparrow, nostr, mempool.space, whirlpool.
All FIAT will be gone in under 30 years.