lucash.dev on Nostr: SVB thing is scary. It you think a financial meltdown will not affect you bc you own ...
SVB thing is scary.
It you think a financial meltdown will not affect you bc you own BTC, think twice.
In the long run you might have a life boat.
But in the short term things can get ugly and pressure to sell BTC to pay for bills might make your long term impossible.
I think we’ll have QE. But a gigantic hard default isn’t impossible.
Published at
2023-03-11 00:06:20Event JSON
{
"id": "10fac062310af5740b0a31bfc085dd34b326fc54271a1d76fa407d1a4409abcb",
"pubkey": "82d70f9685eabec271201bacd1fc1941e9686a9bf2b686c381a5b662f60002b1",
"created_at": 1678493180,
"kind": 1,
"tags": [],
"content": "SVB thing is scary.\n\nIt you think a financial meltdown will not affect you bc you own BTC, think twice.\n\nIn the long run you might have a life boat.\n\nBut in the short term things can get ugly and pressure to sell BTC to pay for bills might make your long term impossible.\n\nI think we’ll have QE. But a gigantic hard default isn’t impossible.",
"sig": "266fef09bd4b6e323571412a465d33144ae6fa690457d0a6443eacddf2045499039040547197794853ba68496bd9d3470a465602648640e87816dc6a3c3032f5"
}