Yes, catastrophic idiocy for sure, and more retail meat will be dragged into the altcoin grinder, but bitcoin cares not and isn't that the main thing?
The longer-term outcome is more likely to be Trump's shitcoin showcase is going to showcase in dramatic fashion that:
a - bitcoin is not crypto; and
b - all crypto trends towards zero in bitcoin terms
If this happens Trump will inadvertently do more to educate the world on the relative value of bitcoin versus crypto than all the mansplaining that has come before and that will follow.
And if the US burns a little fiat in the process, they can just print some more ... same as it ever was ...
mobiusmoe
npub12q…srgrq
2025-03-03 21:52:45
in reply to nevent1q…tex6
Author Public Key
npub12qc8qhuy7r4w88fexxp37zxjk62rtx3xfc3tgx0375ftg5jdfrlsrsrgrqPublished at
2025-03-03 21:52:45Event JSON
{
"id": "d5793a9edc00dea0288247da8996de1421c24b64c67620337a7738acccae1066",
"pubkey": "5030705f84f0eae39d3931831f08d2b694359a264e22b419f1f512b4524d48ff",
"created_at": 1741038765,
"kind": 1,
"tags": [
[
"e",
"37b16ece87518bd845c7bddf6173faf317eeb6a1c2111321eeaae69926b0f82f",
"ws://192.168.18.7:7777",
"root"
],
[
"p",
"4d7842051782e0d3feb034d150adc2b6bae4ee3b49786793bffa468b6f5b96b3"
],
[
"r",
"wss://feeds.nostr.band/newstr"
],
[
"r",
"wss://no.str.cr/"
],
[
"r",
"wss://relay.damus.io/"
],
[
"r",
"wss://relay.primal.net/"
],
[
"r",
"wss://n.ok0.org/"
],
[
"r",
"wss://nostr.massmux.com/"
]
],
"content": "Yes, catastrophic idiocy for sure, and more retail meat will be dragged into the altcoin grinder, but bitcoin cares not and isn't that the main thing? \n\nThe longer-term outcome is more likely to be Trump's shitcoin showcase is going to showcase in dramatic fashion that:\n\na - bitcoin is not crypto; and\nb - all crypto trends towards zero in bitcoin terms\n\nIf this happens Trump will inadvertently do more to educate the world on the relative value of bitcoin versus crypto than all the mansplaining that has come before and that will follow.\n\nAnd if the US burns a little fiat in the process, they can just print some more ... same as it ever was ...",
"sig": "ca0972ec8f947191dda7a3be0edbd80bcc61cab8232cc60304799c4d7186713c21f3c65e4df50347cbfd8203787d1279d2729612b5945ff00bba7b85d56f2a3e"
}