So it’s looking like we’re headed to a 2008-like event.
Is it the final collapse, or just another bump in the road to it?
In previous crises Bitcoin didn’t exist.
How will Bitcoin’s existence influence outcome?
It’s important noting that not only Bitcoin exists but the infrastructure to make it usable for all Americans on a daily basis is almost in place.
Some stuff would have to scale quickly, but if you include custodial LN wallets, the US could completely switch to BTC in a matter of months with relatively little operational problems.
What about the rest of the world?
lucash.dev
npub1st…w67hq
2023-03-13 16:40:47
Author Public Key
npub1sttsl959a2lvyufqrwkdrlqeg85ks65m72mgdsup5kmx9asqq2csaw67hqPublished at
2023-03-13 16:40:47Event JSON
{
"id": "67a7d564e6407788c1dae446163878a5468663c902cb159cbda351b23eef41fd",
"pubkey": "82d70f9685eabec271201bacd1fc1941e9686a9bf2b686c381a5b662f60002b1",
"created_at": 1678725647,
"kind": 1,
"tags": [],
"content": "So it’s looking like we’re headed to a 2008-like event.\n\nIs it the final collapse, or just another bump in the road to it?\n\nIn previous crises Bitcoin didn’t exist.\n\nHow will Bitcoin’s existence influence outcome?\n\nIt’s important noting that not only Bitcoin exists but the infrastructure to make it usable for all Americans on a daily basis is almost in place.\n\nSome stuff would have to scale quickly, but if you include custodial LN wallets, the US could completely switch to BTC in a matter of months with relatively little operational problems.\n\nWhat about the rest of the world?",
"sig": "4f86ca324337f04773401638c2113e88a28694e318d41208a0a8c1215abb848adbba069e8d5604986e8ada736bf745a14a409cd45be37de1a7c1c464acfb8a8e"
}