Damus
v4ngeli0n · 1w
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...
Hanshan profile picture
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 assets to rehypothecate so they can keep the grift going. Bitcoin is perfect for them, another meme most people don't really understand they can sell as a "hedge".

So I don't understand the confidence of people who say "this was always the plan. freedom money is inevitable" It doesn't square up in any way I can see.
Doesn't BTC just end up a controlled asset like gold?
Ie, something many people *supposedly own but nobody actually takes custody of?
Gold is "hard money" (Monero is harder but I digress) and it doesn't matter AT ALL to the greater financial space.
How is Bitcoin going to end up differently?
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v4ngeli0n · 1w
So to be honest, I think I agree with what you’re saying here and it’s what I kind of expect. Primarily/at least in the United States. But that doesn’t change Bitcoin’s properties and different jurisdictions could have different ways of using it and will have different laws. That being said...