<oembed><type>rich</type><version>1.0</version><title>Jackk wrote</title><author_name>Jackk (npub183…faslh)</author_name><author_url>https://nostr.now/npub18384z4sjgdfy7vr76thzwtru7jncysz0hcapwesxqsak44p8aemsyfaslh</author_url><provider_name>njump</provider_name><provider_url>https://nostr.now</provider_url><html>I can’t stress how good a 4-digit (or less) Bitcoin fiat price would be for the space. NGD is the decentralizing tech now. BIP NGD&#xA;&#xA;I’m becoming increasingly adamant we have to liq Saylor and blow up the ETFs, custodians and centralized miners. It would take the whole fiat economy down due to contagion. It’s all dead weight.&#xA;&#xA;Bad for plebs short term, great for plebs and decentralization long term. Good news, Bitcoin doesn’t care about my opinions.&#xA;&#xA;Fiat debt is the toxic asset, even if you “offset” with Bitcoin. Claims upon a provable substrate of conserved work using fiat debt (workless claim) is an illogical double spend Bitcoin will likely to have adjudicate sooner than later. &#xA;&#xA;The economics of energy are quite suggestive. If debt (workless claims) has authority to produce eternal bits of physical memory in the quantum computer; you have a double spend of energy/logic. Fiat cannot conserve work, yet it has increasing authority over permanently conserved bits it can force all nodes to bear for eternity in the timechain.&#xA;&#xA;Saylor once said that volatility is vitality…I tend to agree. Volatility is vital because a living system must remain free to move enough to purge what cannot survive its own physical and economic constraints.</html></oembed>