At $1M per whole #Bitcoin, a sat costs $0.01. We’ll do a one time 1:100,000,000 split, keeping the BTC ticker.
Instantaneously, BTC will go from $1,000,000 down to a penny stock. At that moment, the interests of hard money advocates and degenerate gamblers align. We go from $0.01 to $0.02 overnight. That’s when the real FOMO moon pump begins.
At $1 per sat, the government will propose a peg to bolster their failing currency. It will fail within a week. nostr:note1aqdwmxzpkhet9h99ns9kp5nz4vw66trrdpztcc46g6vr309a55ns64p28v
Hey anon, now’s a good time to check your #Bitcoin recovery procedure. And while you’re at it, consider upgrading your security.
At $1M per whole coin, you’ll be glad you did.
$1M (and beyond) is guaranteed, so long as two assumptions hold:
1. Desirability of #Bitcoin increases, or at worst remains flat.
2. Governments continue to inflate the fiat currency supply.
As long as these are true, every finite price point will be reached and surpassed in the fullness of time. It’s not a matter of “if”. Just “when”.
When your friends try to get you who weigh in on their shitcoin, talking about the fiat price show them the chart in BTC terms.
And if that doesn’t work, show them the price in Doge. If your shitcoin can’t beat Doge, king of all meme coins, wtf are you even doing?
My litmus test is Ross. Trump has the unique ability to commute his sentence, and has promised to do so day one. He doesn’t need anyone’s help, there’s little to no downside, and it would go a long way to show goodwill to his base.
If he follows through, I’ll be willing to give him the benefit of the doubt going forward. Otherwise it’s just another broken Trump promise.
I haven’t listened to the episode, just making a general comment about the pod. Came across it when I was studying MMT.
These guys completely understand the nature of taxation as forced labor. They’re 100% cool with it.
It’s one thing to misunderstand taxation. Lots of people do. It’s quite another thing to be OK with slavery and to wish to use it for your own ends.
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