toxicbitcoiner on nostr

The real milkshake theory is Bitcoin drinking hundreds of trillions in monetary premium out of real estate, bonds, equities, fiat, and gold.

70% of $900T gets us to dollar/sat parity, $100M/BTC in today’s purchasing power. No, it won’t eat all $900T, Jeff Booth is wrong. Houses and equities will have a price in Bitcoin.

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jared · 66w

Even a tenth of that ($90T) is like 45x today. How is BTC still so cheap?!? Will I still be asking that at $1M per coin? Probably!

𝕞ptf · 66w

Getting that monetary premium out of real estate and equities would go a long way to make the world a much better place. Real estate is their favourite way to feed debt into the system.

Undisciplined · 66w

The monetary premium point doesn't mean other assets won't have positive prices on a bitcoin standard. It just means they'll be priced at their marginal value product (which will no longer include SoV). The other thing bitcoin will slurp up is all the deadweight losses in the current system: i.e. f...

ItsAmongus · 66w

https://fountain.fm/episode/jdtLvkhU4WnkOP4zQMA4 Maybe you can't actually own any security anymore tho...