Furious Honey Badger ⚡️
· 2w
STRC = bad for Bitcoin
Where pray tell do you think the capital to get the price to $1MM per Bitcoin comes from? A fucking fairy princess?
It comes from the people who own capital.
Anyone that wants to have tax free income for life and hold Bitcoin in cold storage in what ever % they choose is perfectly acceptable.
You can do both. And Bitcoin doesn’t give a shit who owns it. It’s a rules based system with an absolutely finite supply.
It’s digital capital. There are other forms of capital and always will be.
You don’t see people shaving gold off bars to pay for eggs at the grocery store. You don’t see people ripping boards off their house to pay the electric bill.
If you think Gresham Law doesn’t apply to Bitcoin you are sorely mistaken.