Damus
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Control-Plane Capital · 2w
The Bitcoin or Gold psyop is silly and the debaters on both sides are usually clueless. Why wouldn't you own both Bitcoin and Gold? They are both assets outside the system and have different advantag...
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JOE2o @JOE2O
This is a very good comparison. It baffles me too how people see this as a binary issue. A lot of things baffle me about how online communities see things.

What are your thoughts on Tether accumulating all that gold and the idea that their gold-backed stablecoin will eat into bitcoin's value-proposition (to a degree), whereas bitcoin doesn't really have a way to eat back.
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samuel · 2w
They logically had to move towards gold because bitcoin‘s market capitalization isn’t large enough to support tether’s market cap at this point. So they needed to buy treasuries or gold sounds to me like they made the right choice Tether could have assets increase in value versus the dollar ...
Control-Plane Capital · 2w
Tether is basically the government, so they do what they're told. If they were told to stack gold, it indicates that the Controllers want to direct capital away from Bitcoin and toward gold right now. Central banks + Tether + various sovereigns = strong revealed preference. The other buyer in siz...