Damus
Dr. Jeff profile picture
Dr. Jeff
@DrJeff
You can’t ride two horses with one butt.

It’s actually illogical to be pro-Dollar and pro-Bitcoin.

These monetary networks are separate and ultimately antithetical to each other.

I used to not understand this, but now I do… and I can’t unsee it.

“Neither can live while the other survives.”
- Sybill Trelawney
4613❤️60🤙13💯2:fire:1❤️1💜1
StackSats.IO · 88w
The pro-dollar crowd think they can use Bitcoin to absorb the money printing under Trump. They think they can benefit from Bitcoin which it’s possible they can. But they don’t understand that they can’t tame the beast.
Mikeyjd · 88w
Let them believe the Dollar will be supported by backing it with Bitcoin. This is the sly round about way.
Node Runner · 88w
Can both be appreciated for the role they play during the transition? Could the transition even happen if one didn’t have the other?
pup · 88w
I'm pro-Bitcoin, and pro-Dollar-Credit. If someone wants to let me spend their dollars while I hold my sats, for 0% for 18-24 months... Yeah I'm pro that...
Jay · 88w
How long do you think people can use Bitcoin as collateral to borrow things like the dollar to actually spend? How long can Saylor's playbook survive?
₿illy · 88w
*Insert Trojan Horse meme here*
AU9913 · 88w
If you have a wagon pulled by horses you can use 2 horses to take you to your destination, so I'm not a fan of the analog, but I don't think anyone who is pro-bitcoin is pro $, it just so happens they're Americans and patriotic and believe a quick collapse of the US financial situation will lead to ...
cozie · 88w
You can’t make a racehorse (BTC) out of a donkey ($). Keep the racehorse, ditch the donkey….
McCoy · 88w
💯 HERE FOR SEPARATING MONEY FROM THE STATE ONLY ONE MOVE: OPT OUT, REFUSE TO USE THEIR MONEY
Bo Schinski · 88w
This is why I cannot understand why a Bitcoin Strategic Stockpile would in any way help the dollar. Let’s let the dollar die as gently as we can.
deeznuts · 88w
Bitcoin is a short on the dollar. Kill it.
MRbtc · 88w
In the end it can be only one.
Toxic Bitcoiner · 88w
https://image.nostr.build/019784b6ac7480b5b792e1f8a3202823788c8152245c0abc1b45f905748a36ae.jpg
Sliver · 88w
True, but i support the Saylor narrative that doesnt talk about replacing currency just adding a better capitol tool. I think its only natural when the world understands pristine capitol they will use it as money too.
MatCo · 88w
"There can be only one". Highlander
Anchorite · 88w
Do you think Saylor, Trump, Elon etc. secretly want Bitcoin to win, don't get it, or are fiat compromised?
Eugene · 88w
Another Bitcoin narrative that will come and go in due time…. Multiple monetary networks can, do, and will likely always exist at any given time. Being pro or against a monetary network is a strange stance to take either way, everyone just uses the money that best suits them in any given moment.
TheBitcoinBattery · 88w
If I could guess I would think the dollar will ultimately die, but there will be a transitional period when the dollar is boosted and backed by Bitcoin and used along side it for transactions before Bitcoin achieves total dominance.
vectr · 88w
The main downside that’s never discussed: there will be blood. The banking and ruler class that owns and benefits from the current fiat system will not give up that power without wars, camps, or both. They have given themselves authority to print money to pay sympathetic arms manufacturers and dir...
halalmoney · 88w
Bitcoin gives hope to and buys time for zombie companies. Imagine what it can do for successful companies and individuals. ““The traditional advice would be, you do a transformational acquisition, you find that you need a merger partner. You’re dead in the water. Go find somebody to merge wit...
Artur · 88w
Yes. Before the internet, money was a “winner-takes-most” technology. After the internet, money became a “winner-takes-all” technology.
BitLo · 88w
It’s a dilemma. I want this transition to happen as soon as possible. But the faster it happens the more pain for those that haven’t yet made that transition. For some reason, the verse…”the meek shall inherit the earth” comes to mind when thinking of early Bitcoiners adopters. Not t...
Fabian · 88w
Part of the reality is that we need old dollar for some payments. As long as we can’t pay with lightning everywhere…
nostrich · 88w
How do you explain being bullish with MSTR then? Saylor has this position
nostrich · 88w
Question Jeff. Do you think it is viable to take my entire pay each month and convert to BTC. Then do all spending on a credit card with a zero interest period. Then each month convert the BTC to fiat to cover the monthly expenses. Rinse and repeat. Therefore effectively living on a bitcoin standar...
SUPERMAX · 88w
"No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon (money)." - Matthew 6:24 KJV
₿ennett · 88w
🫡
Ancap Revolt · 88w
Ew dollars 🤢🤢🤢🤢🤢🤢🤢🤢