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2024-07-03 04:14:38

Bitcoinium on Nostr: Natalie joecarlasare let me know if I got anything wrong. TLDR 👇 0. The economy is ...

https://youtu.be/lyqtjDOvnkA?si=d6gqiTl_Ri9Urm2e

let me know if I got anything wrong.

TLDR 👇

0. The economy is NOT about to blow up. I repeat, those Bitcoiners waiting for doomsday scenario should not hodl their breath.

1. Why. Oh why you ask while cryjng into your dinner plate 😭😢

Beeeekaaaause

2. The dollar is the reserve currency asset and the world still issues dollar denomiated debt (euro dollar system). It is not the same as the petrodollar system.

3. It is the "Dollar Milkshake Theory". In other words, Charles Degaule to be exact, "Sacre blue! What Exorbitant Privilidge Etat Unis! has!!". They have a dollar printing machine but we do not.

(That was creative license. Don't worry. I speak Francais parfait)

4. And also, the government can keep
printing for a while before something structual (read base layer) really breaks.

5. Plus, it is all about investor psychology and so far they still believe in god, I mean, the full faith of the US treasury market.

6. Besides the n**mies still don't know the difference between Bitcoin and Crypto. Sigh.

7. Self custody won't be an issue in the USA. the courts will declare it unconstitutional, if they try.

8. Joe (our man in the courts) wishes they would so he can argue the case and put this issue to bed once and for all.

9. On the other hand, privacy tools like conjoin and mixing IS an issue. Governments will fight those trying to profit from mixing transactions.

10. Joe is bullish on Bitcoin. And people
solving complex problems.

You're welcome.

#bitcoin #nostr #grownostr #plebchain
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