The scenario Saylor presented is unrealistic in my view because if everyone copied his behavior bitcoin would crush fiat through the speculative attack.
Saif's take is unrealistic in the short term because people are not perfectly rational by default and will make mistakes for a long time before the usury dries up, but his theory is closer to reality in the long term (low time preference).
If your confidence rests on other people rather than your own understanding you'll be on an emotional rollercoaster.
sourcenode
npub1jf…zt047
2024-09-19 18:32:57
in reply to nevent1q…6uq8
Author Public Key
npub1jfn4ghffz7uq7urllk6y4rle0yvz26800w4qfmn4dv0sr48rdz9qyzt047Seen on
wss://us.nostr.winePublished at
2024-09-19 18:32:57Event JSON
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