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Thanks for listening, anyway. I hope I'm not boring you, but you seem to know as much about this as anyone. Why would bitcoiners then come up with a bitcoin milkshake theory, if the dollar milkshake theory ultimately ends in the collapse of the dollar? The dollar of course is supposedly the least bad fiat, hence it collapses last. But bitcoin? Totally different asset without any entity controlling its interest rate or liquidity.
607 sats \ 1 reply \ @clr 5 Nov 2023
Not at all, it's not boring, it's my pleasure.
For me, that theory makes me remember that the path to hyperbitcoinization will be long and tortuous. That the normies will try to exhaust all the fiat options before considering bitcoin.
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