64 sats \ 0 replies \ @freetx 21 May \ on: My Not Fully Thought Out Speculation bitcoin
I have a similar view. I think the realization of needing a "pure asset" on the balance-sheet is their only way out from a paper accounting level.
As it stands now, every single asset they add (except gold and some equities) is just another debt instrument.
Having a "pure asset" that could inflated forever is the only way to balance the books ultimately....