Christians were 10% of the population when they took over the Roman Empire. How many Bitcoiners will it need to take over the Central Banks?
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i agree fiat well get rekt but fiat will always be rebooted. but now fiat systems cant recklessly expand credit with out being exposed and punished by bitcoin.
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Even holding $1 in fiat is irrational, dangerous, risky when Bitcoin will exists at maturity (in my opinion) =) Its like Gold vs. Iron. maximize the former, minimize the latter (as savings vehicles)
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fiat is ok if they cant get away with recklessly expanding credit & then force the public to pay for the bad debt. So yes holding a fiat today is irrational but after the next monetary reset fiat wont be as dangerous to hold for short periods of time. Itll be a mix of fiat & BTC
End of conversation
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