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↑ j4ck 🥶 icebreaker.xyz ↑
@j4ck.eth
my dad sent me a video of buffet saying "what would i do with bitcoin? one of you has to buy it" here's what i sent back to dad: thats a fair point and i like it – although assuming our lives continue to be "mixed reality" between web and IRL, imo it's a good bet on digital. also a government-less, code-based currency is great. buffet is not the target user of bitcoin, people in countries with extreme hyperinflation are - like argentina and others. just substitute bitcoin for dollars lol same thing - it is just seashells again, choose the seashell you want to assign value to. collective hallucination of money
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tyler ↑
@trh
That’s a good response. It can break brains & categories, for sure. Bitcoin is simple and complex in different areas than Buffet prefers. Not sure if you saw this, but Saylor goes deep (for the record, I barely understand any of this): https://x.com/cf_trades/status/1860070347099504896?s=10
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Leo
@lsn
That’s a very good transformer analogy Essentially he wants to provide financing with bitcoin capital to orgs that can’t handle the volatility of bitcoin, and this is better than tradition financing because he’ll do it cheaper, and they retain positive exposure to Bitcoin. So it’s a leveraged bet on Bitcoin It literally is a micro strategy. Nice
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