In recent months I have thoroughly convinced myself that bitcoiners really need to stop running with the narrative that the CBDC world will be more convenient because it is patently false.
This type of repulsive and counterproductive discrimination needs to end.
If you're paying attention you should be more bullish than ever.
Here's a great piece to check out when you get a spare ten minutes. Drew Armstrong, President and COO of Cathedra Bitcoin, wrote a guest piece on Braiins' blog laying out the different debt financing options available to miners since 2017. If your curious to learn more
This is why I write the rag. This is why I bitcoin. This is why I am building and investing in companies that bring more sovereignty to the individual.
How long can the state sustain the grift?
This move officially broke the severely cracked dam preserving the petrodollar's dominant position in the world of international oil trade.
Despite what many pundits would lead you to believe, the signs of overwhelming stress throughout the economy are staring you right in the face.
Bitcoin is reliable and in a world of increasing chaos that reliability is a godsend. I am of the opinion that the world is not properly pricing that reliability at the moment.
With OP_VAULT James is attempting to find a happy medium that makes different tradeoffs that he seems to believe is a more palatable solution than those that have been proposed before it.
When the dust settles those who decided to take the tactical approach of being focused on bitcoin-only, took manageable risk and provide actual utility to users will be cemented as the blue chip companies in bitcoin and begin to outshine the "leaders" in "crypto".
Bitcoin is beautiful. Most don't realize this yet.
There are simple ways to have an extremely high degree of security with your set up and they are getting simpler every year.
A lot of hard lessons were learned by people across the world in 2022.