They're relying on it to dig out of debt.

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Oh yea? Well Bitcoin has institutions like Blackrock backing it and politicians like Trump championing it so check mate shitcoiners! Clearly the alte...
They're relying on it to dig out of debt.
And they're doing this while at odds with many other aspects of the powers that shouldn't be, like Christine Lagarde, Ursula Von de Leyen, and the majority of the European banking industry that had been riding America around since the advent of the Eurodollar system.
But yea I guess some people thought they'd all sit it out and get poor on the sidelines. Despite 'Bitcoin is for enemies' being quite an old meme.
I suppose if people thought it profound to learn that money is printed by the Fed, asking them to understand offshore dollars, repo, and the difference between LIBOR and SOFR is just too much to expect. Even though the total amount of bank reserves in existence is only about double Bitcoin's current market cap. Even after it exploded from a mere $50B or so before the GFC. There's a lot more to money than Jeckyll Island.
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"content": "They're relying on it to dig out of debt.\n\nAnd they're doing this while at odds with many other aspects of the powers that shouldn't be, like Christine Lagarde, Ursula Von de Leyen, and the majority of the European banking industry that had been riding America around since the advent of the Eurodollar system. \n\nBut yea I guess some people thought they'd all sit it out and get poor on the sidelines. Despite 'Bitcoin is for enemies' being quite an old meme.\n\nI suppose if people thought it profound to learn that money is printed by the Fed, asking them to understand offshore dollars, repo, and the difference between LIBOR and SOFR is just too much to expect. Even though the total amount of bank reserves in existence is only about double Bitcoin's current market cap. Even after it exploded from a mere $50B or so before the GFC. There's a lot more to money than Jeckyll Island.",
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