Matthew on Nostr: Not zero. It's a CDS on bitcoin. The more valuable bitcoin becomes, the more valuable ...
Not zero. It's a CDS on bitcoin. The more valuable bitcoin becomes, the more valuable the default protection becomes. It would be the best money to save in if bitcoin didn't exist.
But gold definitely going lower in bitcoin terms while bitcoin exists.
Published at
2023-12-02 20:56:07Event JSON
{
"id": "987d6173f4766a9fc4f71b97f7417d2b4458c5847f14ad3db6ff712a7b7ea072",
"pubkey": "8c133b3103c5728a86ac17c3b6a1fdeb10894dd349a965325fd117b405371505",
"created_at": 1701550567,
"kind": 1,
"tags": [
[
"e",
"c39c6f9ee51b91287052058675ebd3e6dfafb5d164afe4f197b68c709727ac45"
],
[
"p",
"04c915daefee38317fa734444acee390a8269fe5810b2241e5e6dd343dfbecc9"
]
],
"content": "Not zero. It's a CDS on bitcoin. The more valuable bitcoin becomes, the more valuable the default protection becomes. It would be the best money to save in if bitcoin didn't exist.\n\nBut gold definitely going lower in bitcoin terms while bitcoin exists.",
"sig": "88d5944da798bc8bdfbd601f0e34b1d6fb3f2028734c87b7efc33d6d85663a5fd3bf0c80016a161d8458662ca71e7f40bfc2d12685cbc20924e049da9369be43"
}