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StackSats.IO · 89w
Finally, an interesting Bitcoin podcast! It’s been a while since I’ve seen people argue in Bitcoin but nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak managed to pull Saylor...
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techfeudalist @techfeudalist
Yes, equity is the future. Not debt. Debt is a fiat concept. Ubiquitous debt is only possible because our money is inflationary.

You don’t have to look far in history to see that’s true. Under a gold based system, lending at interest was prohibited in many cultures.
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StackSats.IO · 89w
Saylor tried to use history to support his claim because there has also been lending on “sound money” at interest in the past. But gold was never fixed in supply, the stockpile always grew so getting away with the duration mismatch to pay a yield is easier in that system, even though it inevit...