pull down to refresh
222 sats \ 17 replies \ @siggy47 2 Nov 2023 \ parent \ on: Michael Saylor AMA? meta
He comes from the world of finance /Wall Street. A big part of his imagined bitcoin world will be borrowing off of your bitcoin as collateral so you don't have to sell it. He believes in debt.
He believes in debt.
Exactly that. And debt means fiat world.
reply
You're right to the extent that he believes that, at least in the U.S ., the dollar will continue to exist as the U.S. currency along side bitcoin.
reply
As I said many times before: US wll be the last place on Earth that will fully adopt Bitcoin. US People are too deep into debt fiat mentality...
reply
I agree. The elite have built their wealth through debt while preaching the virtues of thrift and savings to the peasants.
reply
deleted by author
reply
Elon's model for x.
reply
Elon will be the first one in introducing
linked to a CBDC.
@remindme 1 year
reply
That’s the aim…. and his fan boys will lap it up with a Tesla made spoon.
deleted by author
reply
I don't always agree with the guy, but he's an entertaining interview. I loved that Rogan podcast the other day.