3 ms·
HN is hilarious. Even after 10 years, majority of people here are unable to grasp that bitcoin IS money. MS and MSTR are performing a speculative attack on a so
by nmlnn 6y ago
HN is hilarious. Even after 10 years, majority of people here are unable to grasp that bitcoin IS money. MS and MSTR are performing a speculative attack on a soft fiat currency (supply increased >20% in 2020) using the hardest money ever. This strategy will only become more popular over time as it continues to pay off.
Bitcoiners have understood this part of the game theory for a while (see: https://nakamotoinstitute.org/mempool/speculative-attack/ https://nakamotoinstitute.org/mempool/speculative-attack/).
Have fun staying poor.
- tuberelay 6y agoBased comment, 10/10. Feel bad for these rubes. We're currently in the "giant sucking sound and harbor incomprehensibly drains" phase of the hard money tsunami, and people can't see it.