mike on Nostr: When we had the Gold standard, gold only backed assets. Now we are approaching the ...
When we had the Gold standard, gold only backed assets.
Now we are approaching the Bitcoin Standard, what will happen if Bitcoin is used to back debt?
$MSTR is the Alpha release
Trumps USA will be the Beta release.
If it works, the world has $315T of debt.
That will be the full release V1.0
In comparison, the world has $454T of assets.
Published at
2024-11-22 16:16:03Event JSON
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"content": "When we had the Gold standard, gold only backed assets.\n\nNow we are approaching the Bitcoin Standard, what will happen if Bitcoin is used to back debt?\n\n$MSTR is the Alpha release\n\nTrumps USA will be the Beta release.\n\nIf it works, the world has $315T of debt.\nThat will be the full release V1.0\n\n\nIn comparison, the world has $454T of assets.\n",
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