ynniv on Nostr: I understand the philosophy, I'm asking people to recognize the physics. If the ...
I understand the philosophy, I'm asking people to recognize the physics. If the majority of Bitcoin activity is inside the banking establishment (primarily "a reserve currency"), then they are running the most nodes, coordinating with the most miners, defining the rules. They're patient, capable, careful, and have no interest in individual adoption of a reserve currency. Your taxes will be paid in CBDC, and the exchange rate from non-Bank UTXOs will be a pittance.
Published at
2025-02-20 19:25:33Event JSON
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"content": "I understand the philosophy, I'm asking people to recognize the physics. If the majority of Bitcoin activity is inside the banking establishment (primarily \"a reserve currency\"), then they are running the most nodes, coordinating with the most miners, defining the rules. They're patient, capable, careful, and have no interest in individual adoption of a reserve currency. Your taxes will be paid in CBDC, and the exchange rate from non-Bank UTXOs will be a pittance.",
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