Michael Saylor says digital credit will convert $50 trillion in bonds into permanent Bitcoin demand. "Everybody wins. The world will win."
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Am I the only one who doesn't understand this?
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We are so early.
When I hear "digital asset" I feel like I'm watching a caveman use a laptop as a club.
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Are they buying $50 trillion in bonds or selling $50 trillion in bonds. If they're selling, doesn't that require a buyer.
Why would someone in Bitcoin find value in bonds. Why must Bitcoin chain itself to fiat values. Why does Bitcoin praise this level of institutional compromise.