Replying to Avatar BTCapsule 🏴

Do you believe covid forcing the economy to a halt, which has led to historically high interest rates and inflation, which is causing banks to collapse, and is leading to the eventual takeover of local banks and a CBDC is:

1. A very convenient coincidence?

2. A calculated conspiracy?
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bitcoinjiujitsu 2y ago

1.

Crazy to see the CBDC war being won over commercial banks, thought they’d have more in the tank. Rekt 🔥

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BTCapsule 🏴 2y ago

What I’m seeing is people will eventually pull their money out of local banks and move them to the big banks that are “too big to fail” because the FDIC has promised to 100% guarantee big banks, but will keep the $250,000 limit for local.

So a few big banks failed, but this will lead to more trust in big banks and tighter centralization.

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bitcoinjiujitsu 2y ago

One big neck to throw the reigns around 😳