Replying to Avatar Wealth Theory

Who had the most incentive to stoke bank runs on regional banks?

The largest banks, not depositors. They seen massive deposit inflows.

Central bank interference in the market will inevitably lead to more centralization.

The “debate” between Bitcoin and the USD is not complex. It is binary.

Centralized, or decentralized.
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pukka 2y ago

Feds & major banks so they can introduce CBCD

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Wealth Theory 2y ago

I agree. If everyone is using one bank with several large banks acting as sort of fed-brokerages, then there can be no bank runs. That’s one of the sales-pitches for the dystopian nightmare.

Of course, there will be one bank, one money. The question again is:

Is it controlled by a centralized criminal organization, or is it decentralized?

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pukka 2y ago

CBCDs will be controlled by corrupt governments and Bitcoin will continue to be decentralized.