Yes to ego death contact email and please mention me.
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Yes to ego death contact email and please mention me.
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Doubt it - becomes too intertwined and is a part of default inflationary system. Investors, government, bonds, stock market, etc etc. Payments is the way they “might” get their cake and eat it too - but how many people will spend it versus getting interest. Incentives matter.
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Like gold - if you build derivative games on top of bitcoin (inflationary money) and people use it, and try to get higher interest rates in it to keep up with prices going up, many people will choose that (they need the income to support prices unnaturally rising and it “seems” like a safe bet. That centralizes bitcoin and the store of value ceases to be a good store of value because the rules change (Like gold) Fortunately, this is protocol and the nodes matter. When that day arrives- and it surely will if this continues, there will be a fork and the coin that has the leverage on top of it versus the one being used in the economy will likely fail (as will all claims on top of it. (like bcash) Just the long and winding road we must go through to for bitcoin to move us from a zero sum game to an infinite game.
Like gold - if you build derivative games on top of bitcoin (inflationary money) and people use it, and try to get higher interest rates in it to keep up with prices going up, many people will choose that (they need the income to support prices unnaturally rising and it “seems” like a safe bet. That centralizes bitcoin and the store of value ceases to be a good store of value because the rules change (Like gold) Fortunately, this is protocol and the nodes matter. When that day arrives- and it surely will if this continues, there will be a fork and the coin that has the leverage on top of it versus the one being used in the economy will likely fail (as will all claims on top of it. (like bcash) Just the long and winding road we must go through to for bitcoin to move us from a zero sum game to an infinite game.
I find it ironic that the of return that underlies the treasury model business requires Bitcoin to be a currency and that their own businesses impair that outcome. If they want to get away with the dangerous game they’re playing, I would suggest they start investing in the spend your bitcoin (not stablecoin) narrative and ecosystem very quickly.
Great meeting you!
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Love what you’re building!!
Entrepreneur, Tech Leader, Author of The Price of Tomorrow - Why Deflation Is the Key to an Abundant Future, GP @EgoDeathCapital