Worth keeping in mind: if the Bitcoin maximalists end up being right about big print debasement, the most likely scenario, even in that world, is that your life just stays the same while everyone else's fiat life becomes extremely unaffordable. You buy the same 10 eggs today as you do after the big print, but everyone else can only buy one egg.
it's less "you get richer!" and more "you don't get poorer" or at best "you get relatively slightly richer".
And that's not accounting for the massive inflation in capital gains that you still would be paying, with taxes levied on **nominal gains**. A 10X Bitcoin due to debasement is a real gain of zero, But a 9X capital gains tax.
vinney...axkl
npub19m…8axkl
2026-10-28 23:09:06 UTC
Author Public Key
npub19ma2w9dmk3kat0nt0k5dwuqzvmg3va9ezwup0zkakhpwv0vcwvcsg8axklPublished at
2026-10-28 23:09:06 UTCEvent JSON
{
"id": "00000d459bf008dd7999ab721c131a9edc5dc22db3055cca4bec61ca3ef7d03c",
"pubkey": "2efaa715bbb46dd5be6b7da8d7700266d11674b913b8178addb5c2e63d987331",
"created_at": 1793228946,
"kind": 1,
"tags": [
[
"client",
"Amethyst"
],
[
"nonce",
"000gyw",
"20"
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],
"content": "Worth keeping in mind: if the Bitcoin maximalists end up being right about big print debasement, the most likely scenario, even in that world, is that your life just stays the same while everyone else's fiat life becomes extremely unaffordable. You buy the same 10 eggs today as you do after the big print, but everyone else can only buy one egg.\n\nit's less \"you get richer!\" and more \"you don't get poorer\" or at best \"you get relatively slightly richer\". \n\nAnd that's not accounting for the massive inflation in capital gains that you still would be paying, with taxes levied on **nominal gains**. A 10X Bitcoin due to debasement is a real gain of zero, But a 9X capital gains tax.",
"sig": "5707f2c60887c41f12b5e72766f62e00868ab18cdc01900b74877646bee028e8a08c584eb5c1652043ace13a0398a5cab2223a474dbbb8ae2b6842fdcf812a04"
}