Damus
Hanshan · 1w
The argument is "Bitcoin was always going to change the system from within" right? I'm just asking how you can be confident that institutional purchase will have any positive effect anywhere.
v4ngeli0n profile picture
I’m not trying to make that argument specifically. I just don’t understand what other options there are really given the fact the US adds $91K of debt per second, inflation will get worse, and the US gov is running record level deficits.

I just think it will continue to be adopted even just as a hedge against inflation. 3 US states have already been experimenting with Bitcoin reserves, which the fact that’s even happening and being discussed is wild regardless of people’s thoughts on it. I think I could see Bitcoin being used more and more AS institutions continue to adopt because it’ll be respected more and there’ll be more infrastructure for it + inflation will get worse.

What is your side of the argument? (Not really hardcore taking a specific position, again I’m just a zoomer with big dreams bro)
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Hanshan · 1w
theres clearly demand for Bitcoin exposure via ETFs etc. sure maybe those function similar to the gold markets as a hedge against inflation. Which is fine and all but none of that "adoption" has anything to do with Bitcoin as freedom money. In the meantime, the assholes who run the banks need more ...