wymike on Nostr: Finally finished listening to the interview today and found myself much more aligned ...
Finally finished listening to the interview today and found myself much more aligned with saylors view of the future than safedean’s.
A lot of the people still to come into Bitcoin will not hold the same views as the early adopters and will likely be happy to have someone else custody their Bitcoin for them, especially if the custodian pays them a yield on it.
Also, the scenario where everyone is just using Bitcoin and there is no more fiat traditional finance is more then likely so far off that we can’t predict what will change in the interim.
One think I know for sure is that if there is a demand for something in the market someone will fill that demand. If in the future there is a demand for credit when the world is in a Bitcoin standard someone will find a way to meet that demand.
A lot of the people still to come into Bitcoin will not hold the same views as the early adopters and will likely be happy to have someone else custody their Bitcoin for them, especially if the custodian pays them a yield on it.
Also, the scenario where everyone is just using Bitcoin and there is no more fiat traditional finance is more then likely so far off that we can’t predict what will change in the interim.
One think I know for sure is that if there is a demand for something in the market someone will fill that demand. If in the future there is a demand for credit when the world is in a Bitcoin standard someone will find a way to meet that demand.