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Replying to Avatar Laser

TBH I've been focusing on my own tribe; not following the NPC space closely at the moment.

Generally speaking, I see two narratives at work:

1. "Twitter and crypto" caused bank runs.

2. "If only we had 100% reserve fiat."

Seems like a perfect problem-reaction-solution for CBDCs, which could easily be marketed as 100% reserve and social credit, which could penalize "bad citizens" for unwanted behavior like calling democratic elections into question, throwing doubt on government mandated 'medicine', causing bank runs, etc...

I think it's clear that shitcoins arent long for this world. The question is to what extent are Bitcoiners going to be affected. Too many wealthy own Bitcoin in the West to turn back now.

🍿

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elsat 2y ago

👍

Grateful for nostr. Been keeping me away from cagebird doomscroll, and NPC matrix.

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