Comte de Sats Germain on Nostr: Buying 1 million btc is absurd. But all the ETFs added together is close. I would bet ...
Buying 1 million btc is absurd. But all the ETFs added together is close. I would bet that instead of the SBR passing in Congress, we get tariffs and a law that forces exporters that receive payment in sats to go through a government controlled fund as an intermediary. I'm just thinking about the path of least resistance. The government isn't going to give up power. They'll make a law granting themselves the right to use the btc in the etfs to fund operations, and then print dollars to give to etf holders when they dip into it. A soft 6102, which effectively pegs the dollar to btc at a depreciating rate. Thats the only course I've been able to think of that doesn't implode the empire and the dollar at the same time - which I think buying 1 mil btc would do.
Fiat brained etf holders won't understand they've been robbed. They might even think they got richer.
Obviously there's a lot of speculation in that, but I think the first step is very likely to happen : tariffs. Then, if the SBR also doesn't pass, then the rest is practically set in stone.
Published at
2024-11-20 20:07:23Event JSON
{
"id": "ee1b7a870908981a729af5edab82a5f8f4a899a54bafb5c7c0d6520b4c1343c7",
"pubkey": "55f573b651eff351db57b0601d23022d8c532f9825db10a5733ebf39be4aa21b",
"created_at": 1732133243,
"kind": 1,
"tags": [
[
"e",
"16f808baa768c2d0e81aca9541a93f76cebdc949cff3bfd1684d025df3b6c2e8",
"",
"root"
],
[
"e",
"48a4f72ede8ea037baff82a0aa5ccddfa650a451d2a50b4777aaeba5a752c589"
],
[
"e",
"341d410ee06332a8671543ec2ffbef088587dc1b8305f9577c609d7a0f74b3cc",
"",
"reply"
],
[
"p",
"a8e02a7b301e10f2951ccce7173bb1fd871a19271ee151ae749a4501fc0b4042"
],
[
"p",
"55f573b651eff351db57b0601d23022d8c532f9825db10a5733ebf39be4aa21b"
],
[
"p",
"c1503e4a2ef14908127d373530480c133bd5a0d9bb47a4be4a25a41d8f27447c"
]
],
"content": "Buying 1 million btc is absurd. But all the ETFs added together is close. I would bet that instead of the SBR passing in Congress, we get tariffs and a law that forces exporters that receive payment in sats to go through a government controlled fund as an intermediary. I'm just thinking about the path of least resistance. The government isn't going to give up power. They'll make a law granting themselves the right to use the btc in the etfs to fund operations, and then print dollars to give to etf holders when they dip into it. A soft 6102, which effectively pegs the dollar to btc at a depreciating rate. Thats the only course I've been able to think of that doesn't implode the empire and the dollar at the same time - which I think buying 1 mil btc would do.\n\nFiat brained etf holders won't understand they've been robbed. They might even think they got richer. \n\nObviously there's a lot of speculation in that, but I think the first step is very likely to happen : tariffs. Then, if the SBR also doesn't pass, then the rest is practically set in stone.",
"sig": "db4873d7107edfcfb428f3b5ec044bc10e4f3a31dd70181942c0e4458a93b4328e8fae2486b07ae459d3de8c7c03ceda45e70abb8c9e0ba57006cfd82b1ff830"
}
