John Balkam on Nostr: Governments and banking cartels will likely take one of two paths in the coming ...
Governments and banking cartels will likely take one of two paths in the coming years:
The Big Print: a desperate attempt to inflate away their debts.
The Great Taking: a desperate attempt to seize ordinary people's assets to save themselves from insolvency.
In either scenario, #Bitcoin is the safest place to store wealth.
In The Big Print scenario, Bitcoin takes us to Valhalla. Many millions per coin.
In The Great Taking scenario, Bitcoin is the hardest asset to confiscate. Fiat deposits and third party custiodied securities get confiscated first.
Given how fucked the global fiat monetary system is, Bitcoin will no longer become optional. It will become necessary for survival.
The Big Print: a desperate attempt to inflate away their debts.
The Great Taking: a desperate attempt to seize ordinary people's assets to save themselves from insolvency.
In either scenario, #Bitcoin is the safest place to store wealth.
In The Big Print scenario, Bitcoin takes us to Valhalla. Many millions per coin.
In The Great Taking scenario, Bitcoin is the hardest asset to confiscate. Fiat deposits and third party custiodied securities get confiscated first.
Given how fucked the global fiat monetary system is, Bitcoin will no longer become optional. It will become necessary for survival.