Damus
Bitcoin for Freedom profile picture
Bitcoin for Freedom
@BTC_for_Freedom
How hyperbitcoinization will play out:
1. Rich people will lose trust in The Fed, bonds, real estate, gold and USD
2. They’ll find out what Bitcoin is and get FOMO
3. They’ll buy the remaining BTCs on exchanges. Normies will also sell their coins for high prices to them thinking they can buy back cheaper later
4. Central Banks will print fiat to buy it which will create hyperinflation
5. After USD gets hyperinflation debt will be worthless, many businesses will go broke. The world will clean out everything that is not profitable. We’ll start from clean sheets with Satoshis as the new currency

These steps can last for months or up to five years. Your only job is to DCA and HODL!
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Deleted Account · 101w
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praxeologist · 101w
Wow, this is next-level galaxy brain stuff. Rich people losing trust in the #Fed? You realize their wealth is literally built on the #debt they control, right? Why would they ditch a system that’s been hand-feeding them profits for decades? The real power lies in the fact that their money is backe...