FF2K on Nostr: The financial titans of this world didn’t exactly build their empires on hard work ...
The financial titans of this world didn’t exactly build their empires on hard work and innovation—they thrived by arbitraging the inflation of fiat currency through a slick mix of credit and other assets. Meanwhile, Satoshi came along and handed everyone a way to do the same thing, but with digital scarcity on steroids, and with next to no transaction cost. A beautiful upgrade, really.
The traditional trade-fi industry? Well, they’ve got no choice but to embrace this evolutionary shift in finance, whether they like it or not. But don’t expect them to go down without a fight. They’ll plaster over their impending obsolescence with a parade of complexity—shitcoins, ETFs, and an endless stream of “innovative” financial products designed to make themselves seem indispensable. And, of course, the masses? They’ll fall for it, as always, happily paying the middlemen for their “expertise” while missing the bigger picture.
The traditional trade-fi industry? Well, they’ve got no choice but to embrace this evolutionary shift in finance, whether they like it or not. But don’t expect them to go down without a fight. They’ll plaster over their impending obsolescence with a parade of complexity—shitcoins, ETFs, and an endless stream of “innovative” financial products designed to make themselves seem indispensable. And, of course, the masses? They’ll fall for it, as always, happily paying the middlemen for their “expertise” while missing the bigger picture.