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185 sats \ 0 replies \ @SimpleStacker 8 Dec \ on: Patrick Boyle goes in on Strategy and Bitcoin Treasury Companies econ
I agree. His critique of the Bitcoin Treasury Companies is spot on, as well as calling Saylor's strategy "hype capitalism".
But his understanding of bitcoin at a more foundational level seems quite lacking. He said that the only reason bitcoiners expect the number to go up indefinitely is because we thought Saylor's infinite money glitch would work. Uh... that's not true at all. Bitcoiners like @denlillaapan have been calling Saylor out for a long time. I think Boyle would've done himself a favor if he tried to talk to an actual Bitcoiner. Maybe the problem is that the "face of Bitcoin" is currently just these idiot Michael Saylor memelords, and so normies don't know who to actually talk to to get a more accurate picture of bitcoin.