I'm saying that absorbing quadrillions of dollars in credit, cash and contracts will take a while, especially if you want to do it without the Bitcoin price going parabolic and all of the networks freezing up.
It would be worldwide financial chaos and a war could break out.
Think about how slowly and carefully Saylor and Elon had to stack, to keep from completely breaking the market. And now multiply that purchasing power by 2.000.000.000.
Next, consider the squeeze coming up from the next halving.
We don't even know how big the dollar market actually is because the Eurodollar system means most of it isn't under the Federal Reserve's control.
Bitcoin is tiny, y'all. We're still really early. This takes time.
pipe
npub1qf…fj6kq
2023-07-20 04:52:05
Author Public Key
npub1qfkcklnmes45z75y7y8dkud5yll8vp5eq5ysk9rmgqdxeasv8unsrfj6kqPublished at
2023-07-20 04:52:05Event JSON
{
"id": "e4503535868ccf5f3ad6f149994fb824fae8e236fe43e29f369003c45c2eca3c",
"pubkey": "026d8b7e7bcc2b417a84f10edb71b427fe76069905090b147b401a6cf60c3f27",
"created_at": 1689828725,
"kind": 1,
"tags": [],
"content": "I'm saying that absorbing quadrillions of dollars in credit, cash and contracts will take a while, especially if you want to do it without the Bitcoin price going parabolic and all of the networks freezing up.\nIt would be worldwide financial chaos and a war could break out.\n\nThink about how slowly and carefully Saylor and Elon had to stack, to keep from completely breaking the market. And now multiply that purchasing power by 2.000.000.000.\nNext, consider the squeeze coming up from the next halving.\n\nWe don't even know how big the dollar market actually is because the Eurodollar system means most of it isn't under the Federal Reserve's control.\n\nBitcoin is tiny, y'all. We're still really early. This takes time.",
"sig": "c0b484e1c3d3d9857dfd9a4a662b57633ff01244bdc5cad4ba27a3cb5e37f935a9834bb5293f0b720316cb5d5fedc463dc1f61b6ac8ea95ed6498985337d60b4"
}