Banking built on bitcoin leads to the mark of the beast. Prove me wrong.
Still a pleb. Just saying... The eschaton approaches.
#Bitcoin
Discussion
The beast seems like he'd be one hell of a third party intermediary. Just sayin'
Indeed. What's going to happen when banks start losing investments because borrowers abscond?
Absconding means that they run away with Bitcoin?
I think banking on Bitcoin just returns US to the time before too-big-to-fail banks incentivized large scale greed.
I would imagine greed is a mark of a beast.
So as long as the Bitcoin bank isn't greedy, I think it could be really optimistic as local banks build local economies.
That's the ideal scenario, which imo would be attainable if we had an unknowably large number of small banks doing it. There's the rub...
What will happen when borrows abscond? What reaction will that provoke?
I do think the mark is mostly talking about an internal psychological problem that we all have to deal with. But I also think the spiritual and the material coincide in symbolic events. "The" eschaton isn't quite right - "an" eschaton is better.