I am not excited about the "any way" ideas.... Maybe I am starting to question the "anything is good for bitcoin" thesis?
I would agree. I'm just analyzing the paths forward from what I believe is going to happen in the U.S. Treasury within a relatively short amount of time. And there are scenarios in which Bitcoin is going to suffer. Ultimately, I think nothing stops it other than something completely catastrophic, which I think is highly unlikely. But there are definitely things that could happen that would slow it down.
The fact is, to people that are smart enough to understand it in the government, understand that it is a direct competition with the Federal Reserve. And actually I think some people in gvmt might like that to a certain extent.
So, I don't see every possible path they could take as being good for Bitcoin. I think some of them could be catastrophic, but I don't think they're going to do one of those, and we know it survives in the end anyway. And it just depends on how big a wrench gets thrown into it.
I am both nervous and excited about some of these developments.
On a sort of unrelated topic, did anybody see Sailor Rip into Danny Knowles like a rag doll? Oh my goodness. I don't know what's going on there. Maybe he forgot to pack his cocaine? I don't know. I get his point to the mix here though, but I haven't seen Sailor come so unhinged.
https://x.com/i/status/2010746171397177577I get that "What Bitcoin Did" podcast feed, so I was listening to it earlier in the day, and I noticed fairly early in the interview that Saylor was coming out of the gate quite hot, and seemingly overly defensive and seemingly wanting to read bad intent in the presumptions of Danny's questions, rather than redirecting the question in less defensive and a less hostile counter attack kinds of ways.... like as if they were using other people's money and ONLY preparing for the bitcoin prices to go up, which bitcoin going up had not been working out very well in recent times.
Saylor usually does not get so worked up, and even when he does, he tends to be a bit more controlled in his reactions. So I was cringing a bit when i was listening to it, and I ended up listening to half of it, and then I had some other things that I had to do, and then I listened to the second half a few hours later.
There could have had been better ways for Danny to redirect his questions without giving so much ground to Saylor, since there surely have been some problems with some bitcoin treasury companies who had been using bitcoin as a kind of crutch when they did not otherwise seem to have strong underlying businesses, and so it surely seems that some companies have recently been overly leveraging into bitcoin without otherwise having strong cashflows or otherwise strong businesses, and Saylor seemed to want to overly defend all of the companies with treasury companies as if they were all good merely because they were trying to adopt bitcoin even though surely some of the companies had been adopting bitcoin in irresponsible kinds of ways.
If I had been interviewing Saylor I probably would have tried to say that the way that I asked the question was not about me, even though Saylor was interpreting Danny as if he had bad intentions with the questions, and Danny seemed to even keep asking some variation of the same question and so I could imagine that sometimes it might be difficult to redirect when Saylor was becoming so hostile through the whole interview and largely proclaiming Danny to be dumb for continuing to ask the question in similar kinds of ways.
[edited out]
I was talking about people who complain when others mention the price going down or being stable when I said they were overinvested. I’m not sure why you took offense to that, as you weren’t the person in my quote who I think is guilty of such behavior. If you think the shoe fits though, feel free to walk around in that mfer.
And of course you (OgNasty) want to feel like you are smarter than everyone else, when you are not. Even if half the things you said were actually true, we can hardly believe them based on your own ongoing arrogance and seemingly persistent desires to be right and for others to be wrong....
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