What is Nostr?
/ Dan
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2024-11-03 16:22:16

Dan on Nostr: "Mouse click money". Gold and silver coins used to move as slow as horseback.Then ...

"Mouse click money".
Gold and silver coins used to move as slow as horseback.Then came the telegraph that banks used with reserve paper currency. Now, you can sit at you computer and click money around.
When you "click money around", your really just directing banks to do a settlement process that takes days or even weeks weeks in some cases. So the money really isn't moving with a mouse click. People just think it is. Credit cards work the same.
I think a new protocol in the financial landscape,will change the earth as we know it. Because of almost instant settlement provided by Bitcoin, Money really will MOVE as fast as a mouse click. One of the most significant affects will be the extreem speed that FIAT currencies will collapse.
I don't think people realize how fast things can happen now. One Friday afternoon of big withdrawals can bring down a big bank. Buckle up and stack a few SATS, just incase Bitcoin catches on.
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