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by nmlnn 2015 days ago
HN is hilarious. Even after 10 years, majority of people here are unable to grasp that bitcoin IS money. MS and MSTR are performing a speculative attack on a soft fiat currency (supply increased >20% in 2020) using the hardest money ever. This strategy will only become more popular over time as it continues to pay off.

Bitcoiners have understood this part of the game theory for a while (see: https://nakamotoinstitute.org/mempool/speculative-attack/).

Have fun staying poor.

1 comments

Based comment, 10/10. Feel bad for these rubes. We're currently in the "giant sucking sound and harbor incomprehensibly drains" phase of the hard money tsunami, and people can't see it.