TheyHODL on Nostr: A banking system that is accustomed to the fiat safety net, will walk negligently and ...
A banking system that is accustomed to the fiat safety net, will walk negligently and arrogantly into a a disaster.
I could imagine a scenario where an entity fucks up the key management, causing liquidity freeze up and chaos. Who ever holds the keys holds the coins and the paper leverage will expose those playing fiat games in a bitcoin world.
Published at
2025-01-30 19:40:48Event JSON
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"content": "A banking system that is accustomed to the fiat safety net, will walk negligently and arrogantly into a a disaster.\n\nI could imagine a scenario where an entity fucks up the key management, causing liquidity freeze up and chaos. Who ever holds the keys holds the coins and the paper leverage will expose those playing fiat games in a bitcoin world.",
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