Oddbean new post about login | logout I tend to agree with that. Getting tradfi on 24/7 token markets is going to be really interesting if there are no circuit breakers and there is global access. Will stocks and other investment instruments collapse as easily as yield farming gaming tokens tend to collapse on eth? What happens when people take on GameStop-like behavior to address unethical companies and financial tactics?
I think bitcoin will eventually create a less speculative and less leveraged society. Less, but higher quality businesses. Less trading. More shrewd and real investments, rather than the current fiat-driven market dynamics.
Sound money doesn't make people hoarders; it makes them more calculated and considerate capital allocators. nostr:nevent1qqsxn73hl7shtxq4wk28at0tpxxjj8wufcu86lq7e2d5fa2yrdtxgmspzemhxue69uhk2er9dchxummnw3ezumrpdejz7q3qk7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7sxpqqqqqqzzwnwd0
Real investments? Nah Why would anyone “invest” in anything that is trending towards 0.00 sats If your money is gaining purchasing power then there should be no reason to ‘invest’ in well…. Anything lol