jcookie on Nostr: Almost every bitcoiner I know has stopped trying to orange pill people. Why? Because ...

Almost every bitcoiner I know has stopped trying to orange pill people. Why? Because it never works. Saylor’s at this point. If you come at him clueless or in bad faith, fuck off. He’s selling debt at 0% and a premium convertible because bonds are dying. Negative real rates… no one wants to own more debt that inflates away. And inflation is the only tool left to enable any of the global debt to be paid off. This is the speculative attack Bitstein wrote about in 2014. Amazing tbh.
Bitcoin is now being purchased with fresh dollars straight from the debt window. Saylor is exchanging bad money for good right in front of everyone. And he doesn’t have to sell anything to do it. Brilliant

Oh, and GM