The mechanics of a speculative currency attack, clearly articulated by bitcoinpierre ...

2026-02-15 16:29:17 UTC

The mechanics of a speculative currency attack, clearly articulated by bitcoinpierre (nprofile…wrgz) 👇

1) Borrow weak currency (fiat)
2) Accumulate strong currency (bitcoin)
3) Let bitcoin appreciate
4) Repay fiat denominated debts

Author Public Key

npub14w88qy7836cd0zs248fxama3cdzmwvjz0uvdhlwe9t7ewx4ycmrskz593j

Seen on

wss://nos.lol wss://relay.damus.io wss://nostr.bit4use.com wss://nostr.mikoshi.de wss://relay.mostr.pub

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