Programmabletx on Nostr: Stunning line from The Bitcoin Layer by Nik Bhatia: "With the wave of failures seen ...
Stunning line from The Bitcoin Layer by Nik Bhatia:
"With the wave of failures seen and to be seen, it doesn’t seem as if a single depositor will face losses. An implicit nationalization of all deposits is now broad consensus, and no laws had to be passed in order for this to occur."
https://open.substack.com/pub/thebitcoinlayer/p/full-blown-banking-crisis-is-here?r=9ac8&utm_medium=ios&utm_campaign=post
"With the wave of failures seen and to be seen, it doesn’t seem as if a single depositor will face losses. An implicit nationalization of all deposits is now broad consensus, and no laws had to be passed in order for this to occur."
https://open.substack.com/pub/thebitcoinlayer/p/full-blown-banking-crisis-is-here?r=9ac8&utm_medium=ios&utm_campaign=post