pipe on Nostr: I'm saying that absorbing quadrillions of dollars in credit, cash and contracts will ...
I'm saying that absorbing quadrillions of dollars in credit, cash and contracts will take a while, especially if you want to do it without the Bitcoin price going parabolic and all of the networks freezing up.
It would be worldwide financial chaos and a war could break out.
Think about how slowly and carefully Saylor and Elon had to stack, to keep from completely breaking the market. And now multiply that purchasing power by 2.000.000.000.
Next, consider the squeeze coming up from the next halving.
We don't even know how big the dollar market actually is because the Eurodollar system means most of it isn't under the Federal Reserve's control.
Bitcoin is tiny, y'all. We're still really early. This takes time.
It would be worldwide financial chaos and a war could break out.
Think about how slowly and carefully Saylor and Elon had to stack, to keep from completely breaking the market. And now multiply that purchasing power by 2.000.000.000.
Next, consider the squeeze coming up from the next halving.
We don't even know how big the dollar market actually is because the Eurodollar system means most of it isn't under the Federal Reserve's control.
Bitcoin is tiny, y'all. We're still really early. This takes time.