ryanjordan on Nostr: 1. Global wealth is not $2Q 2. Derivatives don’t create wealth 3. The fed likes to ...
1. Global wealth is not $2Q
2. Derivatives don’t create wealth
3. The fed likes to print but not that much (quadrillions, would mean collapse)
But let’s just assume your assumptions are correct. That illustrates the destruction of the fiat world in an unnecessary way. You don’t need one system to completely blowup for the other to thrive in such a short amount of time. I hate the fiat world just as the next bitcoiner, but your proposed market cap assumes an unneeded destruction too quickly.
2. Derivatives don’t create wealth
3. The fed likes to print but not that much (quadrillions, would mean collapse)
But let’s just assume your assumptions are correct. That illustrates the destruction of the fiat world in an unnecessary way. You don’t need one system to completely blowup for the other to thrive in such a short amount of time. I hate the fiat world just as the next bitcoiner, but your proposed market cap assumes an unneeded destruction too quickly.