Hanshan on Nostr: Would somebody please remind me of the mechanism that makes Bitcoin eat all other ...

Would somebody please remind me of the mechanism that makes Bitcoin eat all other assets to the point central banks voluntarily give up the ability to print money?

How was that supposed to work again?
I'd ask Jeff Booth (nprofile…7p82) but he won't return my calls.

quoting
nevent1q…wq7t

I think the funniest thing that's happened in the past five years is how so many bitcoiners thought that Wall Street was going to see endless value in #Bitcoin and just continuously load capital into it instead of understanding that they'll only see it as a gambling novelty and something to repeatedly hype up and dump on retail.
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