bitbybit on Nostr: I think we're recapitalizing and re legitimizing the dollar system with bitcoin. I ...

I think we're recapitalizing and re legitimizing the dollar system with bitcoin. I think the govt has a massive incentive and ability to back the dollar with #bitcoin.

The wealth transfer will happen but just with a different mechanism. Everyone holds stocks so that money will not move; how do you recapitalize the stock market that is 15-20x over valued? You back the underlying with the hardest money ever invented.

Dollar sat parity.