The Fed, either intentionally or unintentionally is destroying small banks.
Intentionally means they're prepping for a CBDC.
Unintentionally means they're just trying to keep the system afloat a little longer.
What say you?
Discussion
Donât underestimate the enemy.
Normies are so docile, the Fed doesn't need to try hard for CBDCs. they can convert small banks into CBDC support desks.
Intentionally would mean that they were competent.
Iâd vote the latter.
Fed was built to consolidate power, IMO
There are no accidents or coincidences in the universe
1 shot, 2 birds apparently
Intentional.
When's NOSTR getting polling?
Itâs the only thing they know how to do. Consolidate / Socialize risk.
CBDC doesnât enter their minds in relation to something like this. At least not yet.
CBDC đ
intentionally for sure
Sounds like a win win for them tbh
I vote intentional.
Though maybe it's an automatic knee-jerk reaction.
History repeats as "the too big to fail" get their poor decisions socialized.
A little of both
Someone has to pay for the sins of our fathers. Let the weak take it, they fight back less.
De omnibus dubitandum comes to mind Jimmy but eventually Qui totum vult totum perdit prevails.
Head on a swivel time.
Your post is being talked about.
Added to the https://member.cash/hot feed
How about both?
US CBDC is already planned for July. This will just strengthen bitcoin even more.
Why July?
TOO INCOMPETENT TO HAVE PLANNED IT OUT, BUT EVIL ENOUGH TO CAPITALIZE ON THE SITUATION NOW THAT WEâRE HERE
the fed is not trying to destroy banks
FUCK.âżANKS
I think theyâre doing a tightrope walk. They have to be careful on both sides. If theyâre too heavy handed, they will orange pill a lot more of the population thus waking up the American people. If they arenât strong enough, their inaction has taken too much time and Bitcoin is way too far ahead.
What they donât understand is that itâs already too late. Their best attacks will only slow down but it canât stop the inevitable. Their greed will kill the fiat system.
They will kick this can down the river with slick marketing as well as gaslighting terms like âsticky depositsâ. Anything to distract from the massive $ printer burrrrr.
Can it be both?
That's a very good question. We'll know very soon!
They don't know what they are doing...
Like Andreas Antonopoulos said: For a blockchain attack the governement needs people wo are able to understand IT... Where I live they don't know what TCP/IP is or how the magic device in their hand is handling a SMS...