My takeaway today... 'Financial stability is psychological and bank runs are contagious'

'For those hoping that a change to Bitcoin (or challenger system) happens all at once, be careful what you wish for. While the existing system is producing profoundly negative effects, it is important to remember, that all of our other institutions currently sit on top of the existing system (the monopoly) and a sudden change would spell disaster for your way of life'

An excerpt from

'The Greatest Game'

by @JeffBooth

https://link.medium.com/xxcJ0fNtayb

#Bitcoin #Nostr

Please kindly refer zaps to

⚡️ jeffbooth@getalby.com