thebitcoinway on Nostr: People underestimate counterparty risk because if a bank fails the Govt just papers ...
People underestimate counterparty risk because if a bank fails the Govt just papers over the cracks by printing money
They socialise the losses & nobody learns their lesson
If your #bitcoin exchange fails, nobody is coming to save you
Published at
2024-12-13 15:53:31Event JSON
{
"id": "e794a5fe281ef4d9c944be063127fa0cb916a9804003a85f7224a183cff0c291",
"pubkey": "f8e51fc216c8a8507347651219f07e22ef9f4299a8319fe3f7ee97a194140811",
"created_at": 1734105211,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
]
],
"content": "People underestimate counterparty risk because if a bank fails the Govt just papers over the cracks by printing money\n\nThey socialise the losses \u0026 nobody learns their lesson \n\nIf your #bitcoin exchange fails, nobody is coming to save you\nhttps://m.primal.net/MvBJ.jpg",
"sig": "d4d16e1633f4cb8f4d5f0940750bd490c9335666a02c42c86832730ab3b2f58c0cf64d51fdae57f5e254803db14413713ea10c9b3dafac6a5382024e018591b4"
}
