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Mr Pan Gongsheng, the top official of the People’s Bank of China once said, “if you sit by the river and watch, one day the corpse of Bitcoin will float in front of you.”

What would you say to Mr Pan?

On a long enough timeline, everything dies. But if you're already a skeleton when BTC's corpse floats by, was it worth the wait?

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This is the perfect response.

https://m.stacker.news/22491

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I love the art of war!
Very interesting read.

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Lovely n smart use of rhetorical questions! Your comment made me chuckle

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Someone's projecting.

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Sensei’s always thoughtful n reflective haha

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That was my response to Pan, but if the shoe fits...

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80 sats \ 1 reply \ @OT 23 Mar 2024

Bitcoin is the river

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And the exit strategy

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Just like how the corpse of the peoples bank of china will be floating by when they have to manage their market crash on estates.
All of those ghost cities will come nacm to haunt them.
There is a reason why people that have wealth are trying to flee that country!

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You made a fair point! Welcome to SN!

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Thanks :)

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Peter Pan’s plan
to dodge age is sager
than Gongsheng Pan’s
death to Bitcoin wager

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As a CCP official, Mr Pan is more likely to be found floating in a river than Bitcoin is.

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As much as I want to say 'go to hell', I also feel bad for him for not knowing the ugliest truth. The truth that Chinese yen is already a floating corpse and the authoritarian CCP won't allow you to freely think that this is real.

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