Bitcoin Well(@bitcoinwell):This morning we posted the 2008 law that let Treasury buy up to $700 billion of banks' bad assets. Dr. Jeff Ross (@FormerDrJeff) thinks the next one is already being set up, and it isn't for banks: "The government in the United States is setting the AI industry up as too big to fail. And when I say the government, of course, I mean, we, the people." A backstop is a bill that gets written before the crisis does. It's paid in new dollars, which means it's paid by everyone holding the old ones. Bitcoin is the one thing on your balance sheet a rescue can't dilute. Full conversation pinned to our page

2026.10.03 19:00

This morning we posted the 2008 law that let Treasury buy up to $700 billion of banks' bad assets. Dr. Jeff Ross (@FormerDrJeff) thinks the next one is already being set up, and it isn't for banks: "The government in the United States is setting the AI industry up as too big to fail. And when I say the government, of course, I mean, we, the people." A backstop is a bill that gets written before the crisis does. It's paid in new dollars, which means it's paid by everyone holding the old ones. Bitcoin is the one thing on your balance sheet a rescue can't dilute. Full conversation pinned to our page