First, a hastened government led bank consolidation, then a public/private partnership with the remaining large banks to launch a surveilled and controlled digital currency. We will be told it is more convenient. We will be told it is safer. We will be told it will prevent future bank runs. All of that is marketing bullshit. The goal is greater control of money. The ability to choose how we spend it and how we save it. If you control the money - you control the people that use it.
Discussion
This is the future:
Great information, thank you. I’m gonna no buy some more #bitcoin now
Do you have a link to that bank list? I want to see where Valley National Bank lines up
Control the money, control the world
They will bail depositors in and replace with the digital equivalent. The poorest of us, those without sats, will have no choice but to participate if they want to buy food. With a shrinking number of sovereign buyers of US debt, the value of every S&P and bond/fund falls slowly and painfully following the boomers into retirement.
Can they do it fast enough, i.e., before BTC sees so much inflow it’s too late? Tough predicament for them as every bank that goes down moves more monetary energy out, and it’s likely to do so non-linearly.
a few banks will fall, butvit will not be the end of the world.. or today known financial system..
A parallel, circular economy with bitcoin will be the only way to opt out of this future hell!
Agreed and followed 🫂💜