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0 sats \ 1 reply \ @Fiatrevelation OP 27 Dec \ parent \ on: FUDbusters: btc just a conspiracy to increase demand for fiat? bitcoin
I think Bitcoin could increase demand for fiat, if we reach an end game where countries are racing against time and doing a straight printing to buy Bitcoin. We would have super loose monetary policy by this point because stability of fiat no longer matters.
It seems like you are saying the marginal increase for fiat that of this FUD is negligible until we have this end-game. Or in other words, someone borrowing to buy more bitcoin is just a drop in the bucket in comparison to what is actually possible in terms of the 'generating demand for fiat' line of reasoning.
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110 sats \ 0 replies \ @TheBTCManual 27 Dec
Yes, I'm just gaming out what Saylor is doing on a way bigger scale in this scenario, he is issuing debt creating demand for new credit creation, but he is limited in his borrowing capacity, what borrowing limit do countries have?
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