people younger than 30 are naive in this country.
believes in communism
thinks Govt is their saviour
wants CBDCs
smh
it is indeed hard to find that fine balance between ..."I fucking told you so" and "Bitcoin can still help you, here is how"
brb about to start a silicone valley bank that offers bleeding edge financial products, 50% yield guaranteed with ZERO downside risk
I think 30 is just a first wave in a larger crisis that's about to spiral out of control. I reckon many banks would be operating in a similar fashion --- bought treasuries trusting FED projections while having ZERO reserves
regulators / FED just hit the gas with fullforce for Bitcoin adoption. People are finally understaning the risks involved in banking with banks that have ZERO reserves.
how will the preferential treatment of US based banks to offshore entities impact the trust in $ as WRC ? would it just accelerate Bitcoin adoption ? what are your thoughts?
are we witnessing the regulatory attack on onramps blow up in their faces?
hello nostr