Fr. Josh Miller @Fr. Josh Miller - 15d
Pumping dollars into BTC threatens the US Dollar not one iota, because -- like it or not -- BTC is pegged to the USD. It's what determines value, and it's the reason all of you watch the price. Like any other commodity traded in Chicago, its value is pegged to the strength of the US economy, which runs on fiat Any and all government investment and interaction (as well as regulation) should be viewed through a lens of disappointment, and as an impediment to the kind of future you beautiful starry-eyed people want to see. What's correct about this post -- the reason I feel a need to write this at all -- is the tone of caution: no government is going to wound its own economy, and everything we scheme about the future of crypto should be through this lense. nostr:nevent1qqs2xgyt8plkfqqh58j2vzz0wng7rvgt8549t3euuvpzc675gus938sppemhxue69uhkummn9ekx7mp0qgswrlyglr3hs7z9slprxl6why9ydsxqvgky9emawhky5d6jruc0vgsrqsqqqqqpx76c0v
