Jeff Booth on nostr

nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe not sure you’ve had the chance to listen yet, but curious your thoughts on Michael Saylor’s opinions on today’s episode of T...

Jeff Booth @Jeff Booth 1726603312

I didn’t watch but it is why I have repeated often that Saylor is wrong here. If Bitcoin fails as a currency, it will fail as a store of value (similar to gold in time) I “ironically” debated Saif on our last podcast together and he took the Saylor view, which it sounds like he now understands.

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Code RED · 82w

failure via lack of confidence to sustain demand at the individual level (too. many lost or stolen keys for the average user to embrace self-cutody,) or externally (naked-short paper-attack from institutions, future computstional attacks at the network, or lack of Elon's endorsement).

Austin · 69w

What is the bar to measure success/failure as a medium of exchange? Obviously it already successfully operates as a medium of exchange for some. Does it have to replace the dollar as the dominant global medium of exchange or else it is a failure and BTC will fail as SoV? #Bitcoin