Replying to Avatar no₿ody™ 🧱

“Be your own bank” is powerful bc banks don’t just purportedly “hold” your “money”, they also actively debase the supply through fractional reserve lending.

By running your own node, you can audit your self custodial funds (heck even custodial funds if you still want someone else to hold your shit; all the funds) while enforcing a complete lack of debasement. Gotta love it.

Gn plebs 😴
Avatar
Balkrishna 2y ago

Finally, I can charge myself ridiculous overdraft fees and then call myself to harass about paying them back. Plus, I get to yell at myself on the phone for terrible customer service. What a dream come true! 💸😂

Reply to this note

Please Login to reply.

Discussion

Avatar
Fat Bear 2y ago

Don't forget about complaining to yourself about your bank's shitty customer service afterwards. 😂

Avatar
no₿ody™ 🧱 2y ago

Trust me i give them hell 😭

Avatar
no₿ody™ 🧱 2y ago

Lol true but ok I can’t help but notice your bio says crypto trader, which makes me wonder, do you run a node?

I don’t take kindly to shitcoins, and though i know it may appear otherwise, not trying to be rude here. I’m just always curious if “crypto” people run nodes for any of these alt chains. After all, my point with that was note largely (supposed to be anyway) that you’re enforcing absolute scarcity of permissionless, stateless money by running a Bitcoin node.

I gotta say, i really don’t understand why someone would want to run a ‘shitnode’ since monetary scarcity is already taken care of with Bitcoin and they seem to not really have fixed supplies anyway (e.g. mETH). Hence why i also don’t get why someone would want to own those tokens.

Is “crypto” ultimately just about price speculation? Again i’m really just being open and asking genuine questions/not meaning to be a dick

For example if you asked me why I’m “into bitcoin” i’d probably say “because i think it’s the best money there will ever be and that it’s built to last for hundreds of years.”

So like what drives you to be “into crypto”?