Read_493 - Asset DNA, Explaining Bitcoin's Speculative Attack [Croesus]

February 10, 2021 00:47:25
Read_493 - Asset DNA, Explaining Bitcoin's Speculative Attack [Croesus]
Bitcoin Audible
Read_493 - Asset DNA, Explaining Bitcoin's Speculative Attack [Croesus]

Feb 10 2021 | 00:47:25

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Hosted By

Guy Swann

Show Notes

"if the representation of reality in this article is correct, the highest and best use of a dollar of debt may simply be to buy bitcoin. Many more individuals and entities will leverage this asymmetry for personal gain into the future." - Croesus

With increased attention on the Bitcoin price and the speculative attack by Michael Saylor himself having paid off so extraordinarily well, its time to revisit the concept with an article by Croesus_BTC at Bitcoin Magazine. Its not merely something that might occur, or just a fun thought experiment, its in the very DNA of these assets. Borrowing dollars in a manipulated, low interest environment, may find its most productive and valuable use in simply buying Bitcoin.

Check out the great visuals and the many other excellent articles at Bitcoin Magazine below:
https://bitcoinmagazine.com/articles/asset-dna-explaining-bitcoins-speculative-attack-on-the-dollar

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