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Are We Ready For A Sovereign Debt Crisis?
705 sats \ 6 comments \ @ealvar13 20 Mar 2023 bitcoin
Check out this post at Freemans Perspective:
I’ve been warning Bitcoiners that we needed to be the adults of finance for quite some years, and I’m pleased to say that we’ve come a long way in that direction. I still see more juvenile behavior than I’d like, but progress has clearly been made....
https://freemansperspective.com/are-we-ready-for-a-sovereign-debt-crisis/
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41 sats \ 0 replies \ @ama 20 Mar 2023
I've been ready for twelve years already, but I'm patient. We aren't in a hurry, are we? 😂
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10 sats \ 0 replies \ @om 20 Mar 2023
My answers to the sample cases:
The owner of a company attempts to explain Bitcoin to the accountants. They are horrified as they have no idea how to do crypto taxes. So he buys some GBTC shares instead. His bank applies extra scrutiny to his company.
The widow is afraid that if she'll buy Bitcoin and it drops in value, she'll be buried. She passes, first on Bitcoin, then simply.
The investor says "why not?" and allocates 1% of his net worth to various crypto coins on his exchange. The idea to take them off the exchange never appears to him.
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10 sats \ 0 replies \ @heidi 20 Mar 2023
Excellent points here.
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0 sats \ 0 replies \ @chungkingexpress 21 Mar 2023
ye
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0 sats \ 0 replies \ @TheBTCManual 21 Mar 2023
All a confidence game at this point, they can always buy people over, the inertia remains, time is on our side, stack while the current system still allows you to get it on the cheap
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0 sats \ 0 replies \ @Busybe3z 21 Mar 2023
Hodl Hodl
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