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YOLOSpirit⚡️
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2024-11-12 01:04:32

YOLOSpirit⚡️ on Nostr: Governments should not buy Bitcoin; they should receive it from voluntary ...

Governments should not buy Bitcoin; they should receive it from voluntary contributions from their citizens.

Bitcoin should be used peer-to-peer, and people should, in most cases, self-custody it.

saylor (npub15dq…lm5m) is wrong about attacking fiat by using debt to buy Bitcoin. Debt should not exist under a Bitcoin standard.

PeterSchiff is right about everything (but Bitcoin). We need to take the medicine (stop the heroin) and clear off debt before going on a Bitcoin Standard. A fiat deflation would be good for Bitcoin. Gold will probably thrive more than Bitcoin during the deflation part.
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