Bill Monroe on Nostr: I think for someone like Larry-at the top of the fiat hierarchy, close to the money ...

I think for someone like Larry-at the top of the fiat hierarchy, close to the money spigot and levers of power-it is a hedge against hope.

For the rest of us, it is hope.

quoting
note1cr8…a33f

Blackrock CEO has done a 180 on #bitcoin. But he says something here that I think is completely wrong.

He says bitcoin is a tool for expressing the viewpoint of being "more frightened of the world, more frightened of your existence" - and that bitcoin is not a tool for optimism.

This couldn't be further from the truth, and shows that Larry has a couple more steps to take down the bitcoin rabbit hole.

Bitcoin has many optimistic use cases as Freedom Money.
- Savings and money that you can hold yourself, without having to trust a third party to keep it safe for you
- A fast, cheap way to move money anywhere in the world ~instantly
- A method for activists to fund and run their organizations when they are cut off from the banking system by corrupt dictators, see work being done by gladstein (npub1trr…hdpu)

- And finally, having money that protects you against hyperinflation by a poor government can be pretty optimistic.

Follow us a few more steps down the rabbit hole here Larry - lots more to see if you're looking for an optimistic case for bitcoin.