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Gotta find a buyer. There's probably not enough liquidity on robosats to launder your bitcoin, and they likely need dollars to make purchases.
I'd expect that they do make some on chain purchases as well. For instance, I would bet that China takes BTC as payment from N Korea for things.
When I was watching the clarity act odds on polymarket early on they took a massive dive ine day for no reason. I looked and saw a user named "Imjustken" dumped a massive amount of money on NO.
I looked him up to find out if he was an insider or something and nope, he's not. He's an ex professional poker player that notoriously votes heavy on NO whenever it's a matter of the government accomplishing literally anything.
He just waits for hype to build up and fades it hard.
Apparently betting against government competency is a lucrative trade.
You're constantly posting on this site that large numbers cause too much friction for people to adopt. It is provably false. Zero people agree with you here ans yet you continue to hammer false points.
Yes, you are a fucking retard.
No, I came here ro call you a fucking retard that is incapable of having a though without running it through an LLM first.
Also, I didn't say anything about people buying a large amounts of oil, I said people uses large denominations of yen to buy gas every day, it is an actual fact, and you saying it isn't, doesn't make it so.
Just about every form of media is captured in one way or another. Nobody is surprised when children think like their taught to think in school. I am equally unsurprised when an entire population thinks like they are taught to think on a daily basis.
The credit card companies have too much power anyway. The fact that they can censor content by removing payment rails should disgust everyone.
Fuck swipe fees and credit card companies.
The preferred stocks may end up being just fine at paying a yield in the long term, but I can't imagine them ever being money. They would need perfect demand to stay at $100 and that doesn't exist in the real world.
Ruthless efficiency. There's a value in reducing the effort the hard thing takes to do.
Also, if two people do the same thing, I don't base the value of their results on who it was more difficult for. I base the value on the output.
I'm not sure which creates more confirmation bias but that's my take between the two of them.
I'm sexy lol.