Replying to Avatar sharpshader

I’m sure this thought has echoed through Nostr or bitcoin twitter at some point.

When the big banks have capitulated and finally are forced to hold bitcoin / collateral for mortgage offering etc. for their customers, I feel they will have one final parting jab to include: We only accept bitcoin bought from x institution or verified x kind of bitcoin. (Non mixed- etc.)

No doubt this is where market forces and game theory should step in to punish bad actors but here is where my attention is focused on the corrupt EU regulatory machine who are intent on disrupting and manipulating bitcoin’s path to freedom technology.

They hate what they can’t control and moreover they despise something freeing people of their tyranny.

#bitcoin #nostr
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Beautyon 1y ago 💬 1

But “10%” is too much to pay for for a service that will not abuse you. This is why fiat and fiat institutions exist and persist. People just can’t THINK.

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sharpshader 1y ago

I THINK most people capable of basic financial literacy won’t choose to save their money with a 10% bite, it’s great to have the option there for privacy and access for the unbanked.