UBS boasts a balance sheet of around $1.6 trillion, which is twice the size of the Swiss economy. Should this bank collapse, it could lead to a catastrophic crisis and a financial Hiroshima for ๐จ๐ญ Switzerland.
Now, envision a global, permissionless financial system that operates independently and trustlessly, free from the influence of central banks, traditional banks, politicians, and governments.
Blocktime: 897 451 ๐งก
v/byte price: 4 sat/vByte
Study #bitcoin on #nostr here before you need to: ๐๐ป
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