Bank of Italy: P2P services are criminal
#Robosats
https://atlas21.com/bank-of-italy-p2p-services-are-criminal/
LFG
Yes. It’s all about the trade offs
It’s all about the leaders of the states accepting the loan. Bukele seems to have a complete different time preference and vision.
A loan is a loan, regardless of the lender. What matters is that the interest rate is lower than the expected return on investment. The IMF has created a global network of economic junkies because their leaders are so consumed by short-term greed that they make oxycontin addicts look responsible.
I was not a legal tender anyway, the people on the street didn’t accept and the government didn’t pushed Bitcoin, IMF got crumbles for billions. I’ll call it a good deal for El Salvador
This is the point where 100 years of fiat brings the society. Money is the blood of it and we’ve reached the late stage of leukemia
It’s a .5% chance we’ll see a 50 bps cut. That’s kinda underprice