Damus
Des Imoto マキシ · 1d
Which is fine. It can cater to greed during hyperinflation and once it’s done the incentive feedback loop will help „fix the world“. And it doesn’t actually take many people buying into it for...
Zach⚡️ profile picture
If it’s truly suppressed, that’s great news because that’s unsustainable.

Against Gold it’s struggled for almost a decade now (I understand it’s made higher highs and higher lows but it’s been rough and choppy).

In a true hyper-inflationary event of a MAJOR currency (basically just USD tbh) it needs to outperform everything. Otherwise we are reset onto gold standard #2.
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Des Imoto マキシ · 1d
Also, re your sentiment point, having so much #bitcoin in the stock market (I.e ETFs, Treasury Companies, etc) makes it behave like a risk asset, not save haven. Plus, being highly liquid, it’s the first thing hedge funds sell. So also counter productive. Not good.