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by fiat thing I mean how it's financed. Remove fiat and nobel prizes won't exist anymore.
Oh i see. An endowment fund whose goal is to invest safely and beat inflation. Wall street games.
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0 sats \ 1 reply \ @adlai 9h
Remove fiat and nobel prizes won't exist anymore.
it takes a looooong time for conservatively-managed funds to fade away. hyperbitcoinisation doesn't "remove fiat", the process is much more complicated and any fund manager with half a brain survives the process without the fund vanishing, although there might obviously be some bad reports.
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Maybe it takes a long time, maybe not. If goes enters hyperinflation it's done. We don't need hyperbitcoinisation to remove fiat, they're already doing a great job.
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