There is speculation around banks not having enough asset to cover depositors. They might say: we'll make depositors whole with CBDCs. 😐
Thank god we have Bitcoin
Discussion
Yessir I am pretty sure they will use this to introduce CBDCs. My guess so far is collapsing small banks into the big one with no real bailouts. After that, let the big ones fail but bail them out with CBDCs.
It’s basically what Janet Yellen said lately that they only do bailouts when there is systemic risk.
It’s just about centralizing power even further before introducing their total control tool.
I completely agree. A new monetary system is coming. Money created by comercial banks (through fractional reserve) will disappear. Probably even banks will disappear and CBs will work directly with citizens and enterprises.
CBDCs will use a new money standard backed by central bank assets. They will include bitcoin on their balance sheet. Besides
CDBCs will use Bitcoin as a settlement ledger and will use some kind of tokenization protocol like Taro or something like that. That’s my vision.
Cheers!
Well I don’t think they will openly hold or endorse bitcoin, but secretly accumulating. It would basically make sense to totally get rid of commercial banks, but since the roots of central banks (at least the fed) lies within the banksters, they will probably built a cbdc that somehow needs commercial banks 😆
🤔🤔
I thought they would partner with the big banks, you you’re probably right… they are actively bringing the smaller bank contagion to the big banks as they consolidate, if they let them fail and bail them out with the “FedNow” system, they have complete control of the monetary system.
And they will have the political will to do it because everyone will be so upset with the banks they will welcome the FedNow as a savior and the consolidate control.
🤯
https://fortune.com/crypto/2023/03/16/fednow-fed-digital-dollar-stablecoins-cbdc/amp/
This! ☝️
It’s just all to obvious
We are so lucky we have the way to dodge this with bitcoin. Imagine if bitcoin didn't exist and all you could get was a pet rock that would get banned to trap everyone in.
Thank you Satoshi.
It’s probably going to be hard EVEN WITH bitcoin. At least for a certain amount of time. But yeah, if there was no bitcoin, I would probably already live somewhere in the woods 😆
Yeah I mean they will give people the „choice“: default (all their money gone 🌚) or CBDC.
The people’s choice is pretty clear to me…. :/
Yea. That interview was brutal!
#[5] what do you think?