Why Nostr? What is Njump?
2025-05-14 22:43:49
in reply to

plebiANON on Nostr: I would say that is an actual, legitimate outcome. That so much credit money is ...

I would say that is an actual, legitimate outcome. That so much credit money is borrowed into existence to buy bitcoin that no one will want dollars for anything anymore as the price of bitcoin goes vertical and the dollar rapidly devalues. What is more likely, however, is that so much leverage is introduced into the suit version of FTX, we have a blow off top of fairly epic proportions, and the liquidations cascade down into an incredibly protracted bear market.
Author Public Key
npub13q8evu294dnt20vacfuagj5hy2agwhfr93el8h68qlg708zrxm8qnd6vpv