KCCattleCompany on Nostr: Don’t denominate your emotions in fiat. If you’re worried about price of Bitcoin ...
Don’t denominate your emotions in fiat.
If you’re worried about price of Bitcoin in USD terms you might still not grasp what a gong show a treasury buy back program is for example.
It’s another bank bailout like the BTFP program was. The only lesson they learned from last time was that they have to find more clever ways to disguise bail outs.
The loss of your purchasing power in USD is guaranteed to continue forever with an accelerant through more printing coming like we’ve never seen before.
We have an open communications protocol now, we have an open monetary protocol now and the circular economy building on top of them is having fun.
It’s working.
We’re denominating our emotions and decisions in terms of pristine collateral because it’s the logical and inevitable path forward.
Published at
2024-05-01 18:22:29Event JSON
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"content": "Don’t denominate your emotions in fiat. \n\nIf you’re worried about price of Bitcoin in USD terms you might still not grasp what a gong show a treasury buy back program is for example. \n\nIt’s another bank bailout like the BTFP program was. The only lesson they learned from last time was that they have to find more clever ways to disguise bail outs. \n\nThe loss of your purchasing power in USD is guaranteed to continue forever with an accelerant through more printing coming like we’ve never seen before. \n\nWe have an open communications protocol now, we have an open monetary protocol now and the circular economy building on top of them is having fun. \n\nIt’s working. \n\nWe’re denominating our emotions and decisions in terms of pristine collateral because it’s the logical and inevitable path forward.",
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