146 sats \ 1 reply \ @2big2fail 18 Jul 2022 \ on: Everything You Know About the Economy is Wrong with Jeff Snider - WBD528 bitcoin
listen to this with the premise that:" bitcoin is pristine collateral and currently there is a lack of good collateral because everyone is over leveraged and over indebted"
under that premise you can see why bitcoin is a "monetary irresponsibility hedge" NOT an inflation hedge.
It will replace government bonds as ultimate balance sheet liquidity.
^^this is the narrative we need to be promoting. Hard money is pristine liquid collateral. Bitcoin is ultimate collateral.
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120 sats \ 0 replies \ @puhbuhruh_old 18 Jul 2022 freebie
Yes I think this chart makes very clear that the investment thesis for Bitcoin the asset is as a hedge against monetary debasement from the central bankers (the US Fed in particular). https://twitter.com/WClementeIII/status/1548464261369802754
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