teetee / TT is on Nostr

I think saylor understands this deep down. His actions reflect this and are incongruent with his words.
@saifedean is calling a spade a spade regardless to who’s listening
@saylor objective might be to not create added barriers to adoption. If the bankers know they’re doomed if Bitcoin wins they might fight it.
If they think it’s a great investment (in fiat terms) and that they can co-exist with Bitcoin, then they might support it to the detriment of their fiat banks but to their gain in Bitcoin terms. A Trojan horse with a net win for everyone.
The harm I see in saylor’s rhetoric is his support of Bitcoin backed US dollar. As @jeffbooth mentions, this will allow the fiat games to continue in the same way that has been done before with US dollar & gold.
Regardless it won’t matter in the end. Bitcoin will win. Because the human spirit will never accept oppression. It never has but it had no choice.
But now, as long as Bitcoin exists and for the first time in history, it gives every single person on earth an exit from oppression.
@bitdoc

2024-09-05 23:26:39

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Done! #nostrarmy

2024-09-01 00:46:38

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Hold Bitcoin, lift weights, decrease sugar 💪🏼

2024-08-30 22:15:55

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Very interested

2023-05-07 08:20:11

@saifedean Hi Saifedean. A lot of my friends ask what gives Bitcoin it’s value. Like why is the market prepared to exchange tens of thousands of dollars of their hard earned money for 12 words to access an immutable ledger. Is it’s value based on faith that we all have for it (as in we all agree it’s valuable so it is so)? Or does Bitcoin have value on its own?
I understand it’s very useful because of its scarce and incorruptible properties. But how does it gain value? It seems like a bit of a circular argument to say it’s valuable because it’s useful as for it to be used in the first place it would need to have value. Would love to know your thoughts