so all the new money printed will go into this shit by itself.
tell me more please.
and you can create fiat just by borrowing it? why are you not rich then?
Calm down, T. I know you're losing money by the minute right now, but these things ebb an flow. You have made what we called in the Navy Nuclear program a GCE, a gross conceptual error. The asset and the liability are created simultaneously, like a particle and an antiparticle. The problem is the liability requires interest to service and so there will never be enough money to pay back all debts created. Paradoxically this means the entire system relies on constantly inflating the money supply forever. If they didn't do that, there would be a deflationary heat death.
I AM substantially richer than I was before investing in BTC if valued by net worth mark to market. I did that by creating fiat and trading it for harder-to-create bitcoin. The trick was not being too greedy. I have had to endure long stretches of time in upsidedown positions and I have to always always be able to service the debt.
bla bla bla
what the fuck did you just say? are you drunk or something?
The point is that one has more utility than the other. You don't need to be a genius to see that.
wanna-be-money has more utility than a short selling contract of wanna-be-money?
dude, you are a fking genius.
and on ignore.
bye
