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13 sats \ 2 replies \ @SimpleStacker 28 May \ on: Bitcoin on Balance Sheets Bad (Financial Times, Lex) econ
To someone who believes in bitcoin supremacy, this all makes perfect sense. Companies that leverage up to buy digital tokens will reap magnified returns, sailing joyously towards the point where bitcoin replaces the dollar as the global financial lingua franca.
In case anyone confused, I think the author is being sarcastic here.
But he's going to look back on this quote with some embarrassment, I imagine.
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0 sats \ 0 replies \ @krispy_donkey 28 May
Great material for mis quoting though.
“…bitcoin supremacy…” “…where bitcoin replaces the dollar as the global financial lingua franca…”
  • Financial Times
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0 sats \ 0 replies \ @denlillaapan OP 28 May
Yeah... @ Remind them in 25 years
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