Replies (9)

Rob's avatar
Rob 10 months ago
Color me naive, but he’s prob just playing games. Anyway, ‘digital currency’ is co-opted…like ‘crypto currency.’ Gross mouthfeel. Bitcoin just is. DGAF. One love. ✌️
Dollars are money, bitcoin is savings. If bitcoin stays as savings forever and everybody hoards, his stack goes up for infinity. If bitcoin becomes money, which there is still a lot of work left to achieve that, theoretically spending and saving could create an equilibrium. Potentially reducing the NGU forever narrative.
JackTheMimic's avatar
JackTheMimic 10 months ago
Right about what? Saylor didn't say Bitcoin isn't Money. He said it's not currency. The fact that people don't know the difference is why people think fiat is money. It isn't, it's currency without a monetary basis. Saylor is correct, read his actual quotes in full context. I think he's wrong about his classification of the dollar but no one is pointing fingers at that.