tpaine on Nostr: There are multiple players in the fiat space and not all will benefit from CBDCs. I ...
There are multiple players in the fiat space and not all will benefit from CBDCs. I think there are strong incentives for small-/retail-banks to not support their adoption. Those smaller banks would better be off to become BTC- custodians and providers of lightning-nodes.
If non-central-banks want to continue to stay relevant, the need to enter the BTC ecosystem. CBDCs will kill banking as we known it.
Published at
2023-03-20 20:55:30Event JSON
{
"id": "9e0e55a6586742c4c796e4e732ecd27d54acc5ca4f5885c9142696306c21ef5b",
"pubkey": "587b29e526e20a8c3cc8d2a9a135d0f9d0dab0ffd922370cffac651255315c97",
"created_at": 1679345730,
"kind": 1,
"tags": [
[
"e",
"808ff42b11d70d088dda3f94e52dddd5f91005ac02d317e0a4b5dabf015b8a46"
],
[
"p",
"1bd32a386a7be6f688b3dc7c480efc21cd946b43eac14ba4ba7834ac77a23e69"
]
],
"content": "There are multiple players in the fiat space and not all will benefit from CBDCs. I think there are strong incentives for small-/retail-banks to not support their adoption. Those smaller banks would better be off to become BTC- custodians and providers of lightning-nodes. \nIf non-central-banks want to continue to stay relevant, the need to enter the BTC ecosystem. CBDCs will kill banking as we known it.",
"sig": "428fc509bc22d3f618fe7bf3691e7f7b7b3913a9e7d5c7356d599371e565645e365051936e10a3f5eb10b99ed8391161a8ccbc620c01127a921e325e5bf2b68f"
}
