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notes & nodes

CBDC... Central Bank .... private? You might be hoping for bank coins, but CBDCs are not that.

What private banks want is not important to c. banks - once the infra and "dire need" for a cbdc is in place, every bank will become a branch of the central bank. Mandating taxes be paid with cbdc will force everyone to open a cbdc account.

There's no free market in the banking industry.

Yeah, that'll distract them from the 60k+ gazans dead and no end in sight.

"I will enter a debate to defend the mainstream, government approved worldview and show everyone how little I know about their model. Totally debunking flat earth, though - come and watch me!"

πŸ˜†

I know what you are saying, brother, but you have to come down to earth. If the spot etf is truly 1:1 and trillions pour into Bitcoin, the demand shock will break the matrix in an instant. Biggest wealth transfer in history to millions of untaxable by Uncle Sam people worldwide. Being skeptical here is just common sense.

It's wild how we are talking about what the etfs will be like, pretending a government socialist institution has already aproved one πŸ˜†

And are insignificant capital markets. They probably also offer real spot gold etfs.

Acredited investors who have been buying gold etf IOUs for decades.

There's quite the naive view going around - it's about the biggest crony capitalist financial institutions and how they intend to greenlight trillions of USD flooding into Bitcoin and making millions of independent, random people around the world rich overnight. Be mindful πŸ˜…

Fed's been shrinking their balance, I guess the monetary "bazooka" has yet to fizzle out tho πŸ˜…

Einsteinian "gravity" has never worked - observations are off by miles from model predictions. Dark matter/energy is the temporary bandaid, but you can fit a model to observations for so long until people realize you are reinforcing your theory with new, wrongly predicted observations.

What you call fact is just scribles in kid's textbooks - cosmology is still figuring out how to fix their inherited broken model.

"Advanced economies" is probably specifically defined to exclude China, just a guess.

Everyone expects this πŸ‘†