pull down to refresh
85 sats \ 0 replies \ @Andreasgriffin 28 Jan 2023 \ on: What is the best takedown of Bitcoin out there? bitcoin
There are many possibilities that bitcoin could fail. I think the most likely is:
- Governments will coerce most people, companies and even small countries to store their bitcoin with trusted custodians. Then the gold playbook can be used all over again. 1. Peg Fiat currency to bitcoin. 2. Inflate Fiat currency while controlling the bitcoin paper markets. Simple, proven and efficient.