As someone who has learned a great deal from both saif and saylor I really appreciated this conversation.
My main objection with saylors view is that he's trying to use decentralized money in a centralized world, and I don't think that works.
He said that bitcoin is an asset that we issue capital on top of, but I disagree, bitcoin is the capital, it is the money, it is the medium of exchange.
You can't issue yield in bitcoin and issuing yield in fiat is just more of the same shit. Let that way of thinking perish along with the banks as we know them.
CrashMaster / Jonathan
npub1w4…3hda8
2024-09-18 01:24:40
in reply to nevent1q…ahln
Author Public Key
npub1w4gjvu0647gnmgnd88v58drjzw6nuwp09ft3k9sx5dv2h3qm3v0q53hda8Published at
2024-09-18 01:24:40Event JSON
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"content": "As someone who has learned a great deal from both saif and saylor I really appreciated this conversation. \n\nMy main objection with saylors view is that he's trying to use decentralized money in a centralized world, and I don't think that works. \n\nHe said that bitcoin is an asset that we issue capital on top of, but I disagree, bitcoin is the capital, it is the money, it is the medium of exchange. \n\nYou can't issue yield in bitcoin and issuing yield in fiat is just more of the same shit. Let that way of thinking perish along with the banks as we know them.",
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