I'm getting really tired of hearing this argument.
Yes, you are right, but how does being right matter?
How does being right make a difference or change anything at all?
That's what nobody explains or even seems to think about.
As someone who knows the truth, how are you going to get an edge over the brainswashed number-go-up greedy dipshits? That's the question that needs to be answered and never does, and it absolutely drives me bonkers. The strategy for navigating this environment doesn't change one iota with this knowledge.
In fact take an asshole like Mark Zuckerberg for example. Here's a guy who's created more valuable open source tech than any public figure in crypto. Do we really think Blackrock and Microstrategy aren't going to eventually pump billions of dollars into open source tech even though Cuckerberg did it just so more people would build on top of his shitty website? Seriously though the shear amount of money floating around next peak is going to be batshit. Saylor will basically be forced to pivot into something more constructive than just HODL. Dude is going to be the world's first trillionaire.
The financial incentives for Bitcoin whales to crank out open source tech is crazy high. Facebook and other WEB2 platforms do it just in the hope that devs will contribute something to their platform for free. With Bitcoin... there's a literal direct financial incentive to do it. This makes it a thousand times more likely it will happen. Once it does this entire theory that Bitcoin whales are not a friend to Bitcoin might just completely fall flat on its face. But again it doesn't even matter either way. All we can do is try to ride the lightning.
All he advocates is "not selling your bitcoin" day in and day out... What are we going to buy our groceries with if we do that?
The exact same way that Saylor does it: buy the groceries with debt at the lowest interest rate possible.
Leveraging debt on a weak dollar is going to be an insane way to save/make money going forward.
We'll probably see negative interest rates within the next ten years.
Europe was just a precursor.
Obviously we are totally on the same side I just feel like ranting before bedtime :D
RE: BlackRock is Not Satoshi's Friend