John Balkam on Nostr: Being a Bitcoiner is like playing a game of chicken with the central bankers. When ...
Being a Bitcoiner is like playing a game of chicken with the central bankers.
When the central bankers print a bunch of money, the Bitcoiners get filthy rich. When they raise interest rates and suck liquidity out of the system, Bitcoiners become "poor" in fiat terms. However, if the central bankers tighten for too long, their whole credit based Ponzi scheme falls apart.
Who's gonna flinch first?
Not the psychopaths who've been staying humble and stacking sats for years 🫡
We know that the central bankers are con artists.
We know that their system is broken.
It's only a matter of time before the central bankers swerve off the road and crash into the ravine.
#Bitcoin
Published at
2024-08-06 11:09:17Event JSON
{
"id": "6a252cefa352009032bbcee67192a2da7217ba642bc4b7669f3e81b31fcbc908",
"pubkey": "666550187bfb456289cbe00d0d5177d2d70b69b8c4c80b6c76329e03cf66e08f",
"created_at": 1722942557,
"kind": 1,
"tags": [
[
"t",
"Bitcoin"
],
[
"t",
"bitcoin"
]
],
"content": "Being a Bitcoiner is like playing a game of chicken with the central bankers.\n\nWhen the central bankers print a bunch of money, the Bitcoiners get filthy rich. When they raise interest rates and suck liquidity out of the system, Bitcoiners become \"poor\" in fiat terms. However, if the central bankers tighten for too long, their whole credit based Ponzi scheme falls apart.\n\nWho's gonna flinch first?\n\nNot the psychopaths who've been staying humble and stacking sats for years 🫡\n\nWe know that the central bankers are con artists.\n\nWe know that their system is broken.\n\nIt's only a matter of time before the central bankers swerve off the road and crash into the ravine.\n\n#Bitcoin",
"sig": "2e1211bf59d15e84bbe536f47d95a54bfbfdcc7522938d06bcb2e59f20cf589caa97d073f87700f504a1ea6751e63e086654c0e74f2873333aa4dee44a05b5fe"
}