From Kim Iversen's interview of Saifedean Ammous
pull down to refresh
79 sats \ 4 replies \ @grayruby 8 May 2024
I am still waiting for another nation to copy the playbook. I am beginning to think we won't see it any time soon. Similar to the Microstrategy playbook for public companies. It takes a unique set of circumstances to execute.
Although I am surprised we haven't seen someone try it on a smaller scale.
reply
50 sats \ 3 replies \ @Undisciplined OP 8 May 2024
I'm sure there are others who are interested, but want to see how it plays out in El Salvador first.
reply
69 sats \ 2 replies \ @grayruby 8 May 2024
Likely but I thought we would hear of some nation dipping their toe in by now and the same with corporations. I guess we have seen some corporations add bitcoin to the balance sheet but not really try the MSTR playbook where they issue debt or equity to buy it.
reply
50 sats \ 1 reply \ @Undisciplined OP 8 May 2024
Do you consider Argentina as having dipped their toe in? I think they took some measure to treat bitcoin like a money, rather than a commodity.
reply
69 sats \ 0 replies \ @grayruby 8 May 2024
I did read they are planning to mine Bitcoin using flared gas. So I guess that would be dipping a toe.
reply
69 sats \ 1 reply \ @BitSapien 9 May 2024
Is it possible that countries are being pressured behind the scenes by the ie; IMF, World Bank to not adopt bitcoin as a reserve asset/currency ?
reply
0 sats \ 0 replies \ @Undisciplined OP 9 May 2024
Not only is that possible, it’s extremely likely.
Dollar hegemony is the only thing keeping the American Empire going and they aren’t just going to casually let it go.
reply