Fiat can do something Bitcoin itself can’t: have a risk free lending rate. There is no issuer of bitcoin denominated debt that can guarantee repayment, unlike the situation where the borrower is also the printer. There is no bitcoin printer.
Believe it or not, this is actually a knock against Bitcoin! But why?
Because people LOVE zero risk situations…kind of in the same way that people love unicorns. They don’t really exist but if you can sell them you can make bank!
drgo / Quantoshi.xyz
npub1fa…nthnd
2026-08-31 16:00:39 UTC
Author Public Key
npub1fa8c9prxnrlkdtjl48adfsxyaduz8tas075l2n4f6903y9awjmxqanthndPublished at
2026-08-31 16:00:39 UTCEvent JSON
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"created_at": 1788192039,
"kind": 1,
"tags": [
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],
"content": "Fiat can do something Bitcoin itself can’t: have a risk free lending rate. There is no issuer of bitcoin denominated debt that can guarantee repayment, unlike the situation where the borrower is also the printer. There is no bitcoin printer. \n\nBelieve it or not, this is actually a knock against Bitcoin! But why?\n\nBecause people LOVE zero risk situations…kind of in the same way that people love unicorns. They don’t really exist but if you can sell them you can make bank!",
"sig": "690bf15dcbdf4beda527b3f7a30e8b7c918511cf945d2aeb03148177945560a688255d4b5afaf1e0ab1871ce821e68d127eccaa5efdbfdad7018bb05ab60bca8"
}