CPI says " raise rates or the whole world goes kablooie"
Banking Sector says " if you keep raising rates we all go kablooie"
Bitcoin says" do both... Do neither... No matter what you do I will be here to clean up"
You don't need fractional reserve lending for loans to exist. You do need fractional reserve lending for wealth to concentrate at the banks. A loan can happen if the bank is held to only loaning against existing reserves, what won't happen is loans for things that don't produce. This doesn't seem so bad to me.
I don't know what is more sad; it won't be big news, it's industry standard behavior or that nothing about that surprises me. The need for BTC is about to become clear to a lot more people
“In our view, cryptocurrencies are not money, because there’s nothing behind them" Central Bank’s program director for the digital euro, Evelien Witlox.
Why doesn't anyone ask them what is behind the euro? The only legit answer is the combined arms of Europe...
Is that t-shirt in your pic from Rogue fitness? I love their assault treadmill, proof of work fitness
I'm pretty new to this ( that was my first ever meme your post ) , what do I need to get??
Brother all aspects are perfect. Security, divisibility, transportability and scarcity.... I've never looked at a table and tried to figure out the most important leg...
Let's not forget Krugman losing Venmo access... So good

