MAHDOOD on Nostr: I looked into a crystal ball and this is what I saw: The year is 2027. Bitcoin has ...
I looked into a crystal ball and this is what I saw:
The year is 2027. Bitcoin has just peaked during this cycle. Fed interest rates are -3% and inflation is running hot. National debt has doubled reaching 70 trillion. To combat inflation, the federal government has banned ingredient labels. No one knows what is in their milk anymore so manufacturers can save on ingredients and bring prices down. The paranoid crypto anarchists say it’s full of cricket milk and seed oils. The media assures you it is cows milk. The fed needs to get inflation under control so they hike rates and reach 0%. Turns out coinbase doesn’t have full reserves and everyone runs for the exits. Coinbase implodes and people get rekt. Michael Saylor loses all his bitcoin. hfsp.jpg.
Saylor asks the government to bail him out, they give him fiat but creates more inflation. It’s not enough. Saylor files for bankruptcy. Inflation doesn’t come down. People riot for assistance. Printing goes crazy and bitcoin moons. Plebs become rich and buy Saylor’s yacht.
Pretty sure that’s gonna happen.
The year is 2027. Bitcoin has just peaked during this cycle. Fed interest rates are -3% and inflation is running hot. National debt has doubled reaching 70 trillion. To combat inflation, the federal government has banned ingredient labels. No one knows what is in their milk anymore so manufacturers can save on ingredients and bring prices down. The paranoid crypto anarchists say it’s full of cricket milk and seed oils. The media assures you it is cows milk. The fed needs to get inflation under control so they hike rates and reach 0%. Turns out coinbase doesn’t have full reserves and everyone runs for the exits. Coinbase implodes and people get rekt. Michael Saylor loses all his bitcoin. hfsp.jpg.
Saylor asks the government to bail him out, they give him fiat but creates more inflation. It’s not enough. Saylor files for bankruptcy. Inflation doesn’t come down. People riot for assistance. Printing goes crazy and bitcoin moons. Plebs become rich and buy Saylor’s yacht.
Pretty sure that’s gonna happen.