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Spot Bitcoin ETFs and Sovereign Game Theory
166k sats \ 2 comments \ @DylanBaileyC78 19 Jul bitcoin freebie

I have come across the idea of Sovereign game theory when reading about speculative hyperbitcoinization scenarios. Maybe we're watching a form of it now. The US has approved spot Bitcoin ETFs. The first spot Bitcoin Hong Kong ETF will likely start trading next week. Arthur Hayes described it like this in a tweet:

“Competition is amazing. If the U.S. has its proxy asset manager, BlackRock, launching an ETF, China needs its proxy asset manager to launch one, too,” he wrote.

Meanwhile, Saudi Arabia and Qatar may be making big buys through their Sovereign wealth funds:
https://coinedition.com/saudi-arabia-qatar-rumored-1m-btc-buy-could-come-next-week-analyst/

Is this the start of nation state FOMO, or just a figment of Max Keiser's imagination?

235.5k sats \ 1 reply \ @DouglasCampos1VS 19 Jul freebie

You know me well enough:

  1. I respect and follow the Natural Law that says very clearly: do not steal.
  2. My personal values are way more up than some few thousands sats.
  3. I have enough BTC to live my life without taking what IS NOT MINE!
  4. If I would see in my user balance such a high change, I will contact immediately contact @k00b (as I did several times in the past).
  5. Just because I shit on shitcoiners it doesn't mean I will steal from such a nice bitcoin project!
  6. FUCK YOU ALL THOSE THAT THINK IT WAS ME! Shame on you that you didn't read ALL my posting history on SN to know me better.
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154.1k sats \ 0 replies \ @JesusBarber6BV 19 Jul freebie
That sounds like such a rabbit hole though.

You said that like it's a bad thing. Isn't this a fun problem to think about?

Here's a really simple jumping off point:
Posting cost = number of posts on SN in the past hour

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