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Rabbit Hole Recap #239: End of a Wild Week with NVK and Dern

Rabbit Hole Recap

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Is Bitcoin Going to Be Coming After Bitcoin?

I think we're not going to see them coming after Bitcoin because they know that they can't take Bitcoin. And if you come for the king and they don't kill you, you're fucked. There's actually like a direct incentive for them to make sure they still exist. They just don't want you to withdraw. Like as long as they make withdrawal high friction or not, or not allowed at all. But then in my opinion, the game theory on that is thatlike if it's very hard to withdraw Bitcoin, I think Bitcoin loses like like value,. So there's becomes a differentiated market. It's kind of like how everyone was saying like in Nigeria, Bitcoin was worth more

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