Jordi Visser
๐ค SpeakerAppearances Over Time
Podcast Appearances
Now, the question is, do we go from 800 to 120 trillion overnight?
Well, that was the Great Depression.
That's not allowed.
That's what the governments are going to do everything they can to prevent.
The more likely scenario is that we come down in this manner over the course of 20 to 50 years.
And that's why deflation equals deleverage.
Deleverage equals Bitcoin to go higher as part of the rotation.
So I'm not in any way changing the goalposts.
This has always been my writing.
This has always been my thesis.
I will say to everyone, I got sucked into believing in Bitcoin in this theory when I listened to Michael Saylor back in 2021, when he was describing the decision.
And I always say, yes, he did bring up the basing.
He did bring up that the government was going to steal his money by moving rates to zero while inflation was going to go higher.
And he was sitting with money in his bank, in his treasury account.
But he also said he was in this position where he had to make a decision because of exponential innovation.
Because Microsoft had completely destroyed his software business, he could not compete with them anymore.
That is where you have this running of inflation that is incredibly deflationary and it allowed these companies to have a moat.
that they're not gonna have in a world of intelligence.
So hopefully that clears up your question, gets to a better spot.
So this is a great question.