bitcoin4all on Nostr: When fractional reserve lending breaks and the world has to collapse to fit within ...
When fractional reserve lending breaks and the world has to collapse to fit within the hard money savings instruments people hold (Bitcoin, Gold, productive Land+guns), Bitcoiner’s will have to think about lending out their Bitcoin for productive projects (eg helping a farmer buy seed corn in the winter). We will be the only ones left to do it and if we fail to rise to the occasion of keeping the world turning some Keynesian will step in with a horrific CBDC that promises short term relief. Probably best from an opsec perspective if this lending is indirect so people don’t turn on us.
Published at
2025-02-13 06:09:27Event JSON
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"content": "When fractional reserve lending breaks and the world has to collapse to fit within the hard money savings instruments people hold (Bitcoin, Gold, productive Land+guns), Bitcoiner’s will have to think about lending out their Bitcoin for productive projects (eg helping a farmer buy seed corn in the winter). We will be the only ones left to do it and if we fail to rise to the occasion of keeping the world turning some Keynesian will step in with a horrific CBDC that promises short term relief. Probably best from an opsec perspective if this lending is indirect so people don’t turn on us. ",
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