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David Seroy 🧙🏻‍♂️ Profile picture
David Seroy 🧙🏻‍♂️
@david_seroy
#bitcoin, #starks, #wizards
Jan 27, 2022 • 40 tweets • 19 min read
/1 Bitcoin and the dollar are symbiotic. Like yin and yang they provide balance.

The path to hyper-bitcoin-ization will be paved with credit-based, #BTC-backed dollars. Specifically, permission-less, KYC free, Bitcoin backed stablecoin loans at 0% interest via DeFi. Thread 🧵: /2 In 2014, @PierreRochard wrote Speculative Attack; aka "sell your chairs", long bitcoin, short dollar! He advocates borrowing depreciating dollars to buy appreciating Bitcoin. In this context, the dollar could be an amazing HODL…as long as it's a _liability_ on your B/S.