Bob Sacamano on Clubhouse

Updated: Jul 16, 2023
Bob Sacamano Clubhouse
124 Followers
173 Following
Jul 29, 2021 Registered
@bobsac Username

Bio

Hyperbitcoinization will be transitory.

The real prize is in what an already bitcoinized world can do for humanity.

Money supply elasticity leads to market rigidity over time.

Liquidity should not be provided by state institutions through monetary policy. It should be provided by the market through interest rates or simply through organic supply and demand for problem solving.
Bitcoin enables such types of financing while maintaining an inelastic, auditable supply of the base unit of account.
Instead of a handful of private banks setting reference rates irrespective of base money supply or organic market conditions, capital (re-)allocation on a bitcoin standard could happen at the local or individual level rather than systematically relying on banking institutions, and provide liquidity to the market where/when it is really needed, rather than where/when banks need it to perpetuate the fiat system they have regulatory captured.

A sound economy fails early and often.
Fiat fails late and catastrophically.

Value converges to bitcoin.
Value gets conveyed on Bitcoin.

Thinking out loud, not philosophical advice.

I don't know these people and they don't know me.

Last 10 Records

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Day Followers Gain % Gain
July 16, 2023 124 -3 -2.4%
November 13, 2022 127 -3 -2.4%
September 01, 2022 130 +8 +6.6%
July 26, 2022 122 +4 +3.4%
June 19, 2022 118 +7 +6.4%
April 05, 2022 111 +8 +7.8%
February 06, 2022 103 +20 +24.1%
December 30, 2021 83 +7 +9.3%

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