Damus
Jeff Booth · 1w
Like gold - if you build derivative games on top of bitcoin (inflationary money) and people use it, and try to get higher interest rates in it to keep up with prices going up, many people will choose ...
satoshi jr profile picture
Ah OK,
So if i can reword it to confirm i understand:
If treasury companies succeed in centralizing bitcoin the systemic risk is that they will have to fork to make the debt built on top solvent

Could an mstr win by collecting the bitcoin using the debt and defaulting on the leverage on the fiat currency if bitcoin remains decentralized and secure?
2❤️1
Jeff Booth · 1w
Doubt it - becomes too intertwined and is a part of default inflationary system. Investors, government, bonds, stock market, etc etc. Payments is the way they “might” get their cake and eat it too - but how many people will spend it versus getting interest. Incentives matter.