collin on Nostr: One thing bitcoiners seem afraid to admit: If bitcoin keeps growing at 40 cagr, the ...
One thing bitcoiners seem afraid to admit:
If bitcoin keeps growing at 40 cagr, the free market interest rate rises towards 40%.
If interest rates hit 40%, government debt becomes impossible to service. So interest rates will be artificially low.
If interest rates stay artificially low, then borrowing money to buy bitcoin is the release valve. Everyone will be incentivized to do this. (MSTR playbook)
If everyone is shorting the us dollar to buy bitcoin, there will be a political battle to force people into dollars. Bitcoin is an implicit attack on the state.
If bitcoin keeps growing at 40 cagr, the free market interest rate rises towards 40%.
If interest rates hit 40%, government debt becomes impossible to service. So interest rates will be artificially low.
If interest rates stay artificially low, then borrowing money to buy bitcoin is the release valve. Everyone will be incentivized to do this. (MSTR playbook)
If everyone is shorting the us dollar to buy bitcoin, there will be a political battle to force people into dollars. Bitcoin is an implicit attack on the state.