jimmysong on Nostr: If you think about it, every fiat-printing central bank and every company that can ...
If you think about it, every fiat-printing central bank and every company that can issue their own stock or bond is essentially able to print a non-scarce resource to buy something scarce.
Altcoiners knew this in the ICO bubble of 2014-2019 until the market realized that Bitcoin performed much better.
The investment of Bitcoin now by these institutions is going to create a lot of Bitcoin Maximalists in 5 years.
Published at
2024-11-20 13:40:37Event JSON
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"content": "If you think about it, every fiat-printing central bank and every company that can issue their own stock or bond is essentially able to print a non-scarce resource to buy something scarce.\n\nAltcoiners knew this in the ICO bubble of 2014-2019 until the market realized that Bitcoin performed much better.\n\nThe investment of Bitcoin now by these institutions is going to create a lot of Bitcoin Maximalists in 5 years.",
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