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.
There are people still buying US treasuries ffs. Those types love this shit.