I don't think most people want to "be their own bank"
That sounds like a lot of responsibility. And a lot of work. It's kinda intimidating.
Plus, aren't banks the bad guys? Why would someone want to be the bad guy?
Discussion
That's the beauty of having the option of being your own bank: if you don't want to you don't have to. There's any number of custodial services that will do that for you. And you get to enjoy all of the counterparty risk associated with them.
Yup. Which is why I’ve never felt “be your own bank” is a strong talking point in an orange pill situation.
Most people want to “control their money” but not actually start a financial business and wear a suit to work every day, which is the implication of being a bank for the majority of people.
I wouldn't say banks per se are the bad guys. The current banking system, yes. But a full reserve bank for example offers a valueable service for people. But in this current system they aren't even allowed to operate
First of all, five stars for your nostr handle. ⭐️
Yes. You are technically correct. But I’m speaking at a mass market messaging level in relation to the current zeitgeist.
Banks are full of Banksters. And Banksters are crooks.
Be your own bank is ineffective in the game of slogan warfare.