The US treasury publicly admits that it needs to issue more Bonds every year to pay off the old ones.
How do more people not realize that this is by definition a Ponzi scheme. 🤯
I still believe that Saylor is a huge net positive for #Bitcoin.
He is not trying to sell to any of us who already understand it. He is talking to the vast majority of the population who don’t really care about self sovereignty or separating money from state.
The reality is that the vast majority of the world’s capital is held by fiat institutions. We should want as many people exposed to Bitcoin as possible regardless of if they choose to take self custody or not.
The beauty of Bitcoin is that no one controls it and it doesn’t matter what other people do or say, we can hold our own keys and build the world that we want to see.
As Saylor often talks about, having the option to take self custody is what is so powerful but it won’t be for everyone and that is okay.
Didn't even realize that I broke 400 Followers!
Comment on this post for a 400sat zap!
Will continue to do this until it becomes too financially irresponsible.