brock on Nostr: These are simply trash terms. They have to get better. Longer duration, lower rates. ...
These are simply trash terms. They have to get better. Longer duration, lower rates.
I don’t know what changes … but something has to. There is no way to capitalize an operating business with these terms.
The implication of these rates is that anyone who owns any physical assets generating cashflow should sell all of those assets and just buy / hold bitcoin.
Which holds to the thesis but let’s stop pretending that there is another move out there. All assets are mispriced (too expensive) in bitcoin terms.
Buy and hodl bitcoin until all other assets are repriced.
I don’t know what changes … but something has to. There is no way to capitalize an operating business with these terms.
The implication of these rates is that anyone who owns any physical assets generating cashflow should sell all of those assets and just buy / hold bitcoin.
Which holds to the thesis but let’s stop pretending that there is another move out there. All assets are mispriced (too expensive) in bitcoin terms.
Buy and hodl bitcoin until all other assets are repriced.
quoting note10af…jxf3
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