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He's all bitcoin now, his companies don't matter. Now he can push for more inflation, bitcoin will be the only hedge against it, boom, trillionaire. Leaving th
by daxfohl 2y ago
He's all bitcoin now, his companies don't matter. Now he can push for more inflation, bitcoin will be the only hedge against it, boom, trillionaire.
Leaving the rest of us with no jobs, stagflation, no government.
- deleted 2y ago[deleted]
- estebank 2y ago> Now he can push for more inflation, bitcoin will be the only hedge against it, boom, trillionaire. That's assuming that Bitcoin gains value disconnected from the US dollar/economy. That's not a given.
- daxfohl 2y agoIf it doesn't, the trillionaire class can eliminate the fed and require all taxes to be paid in bitcoin.
- creato 2y agoAt 7 transactions/second? Good luck.
- bloomingkales 2y agoYou just need liquidity to hide the transaction time. As in, all transactions are instantaneous because they are all instant loans, where the reconciliation of the actual transaction happens slower in a back channel.
- surgical_fire 2y agoWith Crypto volatility? That's a reconciliation nightmare.
- ericjmorey 2y agoUnless the cryptocurrency people realize that there's nothing special about any one of the implementations and get bored of the lottery ticket game of initial coin offerings.