I like the idea of indepence from state and banks. "be your own bank" they said. I liked it so I bought Trezor in 2017 and started my crypto journey. #nostr seems like to be a logical next step.

Banks fail because of KYC! #Bitcoin fixes this!

The opposite

Two words: Fractional reserve. No need to zap this, give it to a newbie

Banks cant keep their hands off the printer. There will never be more than 21m bitcoins

1 btc = 1 btc

Bitcoin will succeed because the fiat money is broken. And because of the CBDC (Central bank digital currency) people will lose their freedom. Bitcoin is solution..

Easy, Bitcoin will win against banks because it’s Open Neutral Permissionless Borderless Censorship resistant These properties will win the heart of the good people in this world.

Fiat is broken, so we have bitcoin. Twitter is broken, so we have #nostr. Love you all ❤️ Don't zap me, ZAP all the others⚡️⚡️⚡️

- Bitcoin is decentralized and peer-to-peer. It does not rely on any central authority or intermediary to validate transactions or issue new coins. This makes it more resistant to censorship, corruption, and manipulation by governments or banks. - Bitcoin is transparent and immutable. Its ledger, kn...

Bitcoin is simply superior! It is smarter, stronger, and faster than gold. And, we can be our own bank. Banks require trust in governments that are untrustworthy, imo.

What’s the definition of fail here? Individual banks will fail because they are leverage and leverage is hard to manage. It preys on our humanity and rewards bad operators and punishes good operators (temporarily). When the market finds their margin call they get smoked. #Bitcoin isn’t lever...

Math!!

I'll be honest: I don't think the banking "system" will fail fast - they'll not let go of the power they have over all of us ... BUT in the long term #bitcoin will rule them all - still some points need to be figured out and implemented in #bitcoin a proper way especially - unfortunately and no matt...

The friction involved in opening an account with a bank, versus downloading a wallet isn’t helping fiat. Not to mention the censoring/privacy implications of transacting with family/friends/organizations across borders. Banks love printing money and devaluing their depositors savings. Bitcoin do...

There are only 21 Million BTC‘s available for all time. THIS IS IT. Everyone can get a piece of it and join the safest and greatest network.

To me the strongest aspect to Bitcoin succeeding is to decentralized structure. There is no CEO or company in charge. It is the sovereign individual that is in charge. With this structure you cannot kill it off. You may kill one of the heads of the hydra but, ten more just grew. The more the federal...

1 word MATH , zap someone else tho 🫂

Begrenztes Angebot, dezentral, unabhängig von jedweder Regierung.

Bitcoin: Cryptographic secrets protecting property rights in a way nothing else can. Banking: Property rights of fiat currencies can be broken at many layers. Ultimately, the issuers can devalue it straight out of your safe.

Because inflation in unavoidable at this point in the fiat system. Bitcoin doesn’t have inflationary qualities, actually deflation is more likely for bitcoin as people lose their sats and things of that nature.

Like my last artwork👁️ If you wake up, open your eyes you see it all clear. Thats why we are here. #freedom https://nostr.build/i/nostr.build_cf25c2dfabbd6f08bb78a7a40fbbdad7b29a01231790512e00ca8b8ba34a1b69.png

I'm not in for banks to fail but for banks to switch to full reserve bitcoin. Banks have their purpose as well as self custodial bitcoins. Best of both world includes everybody, also disabled or very old people.

The banking system is setup to benifit the few. When a person borrows for a house/business/etc the bank views themselves as the owner of the house/business/etc and the borrower as their chossen manager. They are correct. With bitcoin you are the sole owner. The owner gets all the benifits. Now the o...

Because people don't have another option. The threat of confiscation and inflation is too high on the legacy financial system. Everyone in latam has memories and stories about hiperinflation and accounts frozen, and around the world people have this pain on them too.

Inflation isn’t the solution. Long live bitcoin and 21M total marketcap

Fractional Reserve Banking is a figment of of the imagination. Fiat money is a figment of the imagination. The Emperor hasn’t had clothes this whole damn time. Bitcoin, meanwhile, is finite, verifiable, and secure. https://nostr.build/i/nostr.build_5cd3dbeea0044a858aaf9deb9ed61544ba4dfb1acb7fb...

Bitcoin has no bank run and only have 21 million but banks are not

Three reasons: (1) Banks are companies whereas bitcoin is a whole financial system and a protocol. Companies do all eventually die, ideas and protocols do not: they evolve and adapt. (2) A better comparison is between the fiat system, that banks merely apply, and the bitcoin system. The fiat one is ...

Thanks for the sats #[3], again. This time I used some of these to send some to a post I liked. It was my first LN payout and just as receiving some it was... EASY. No bank with opening hours; No delay with the transfer; No QYC imposed to access services for my own money; No need to know who the act...

You can turn your back to all banks. But you can´t turn your back to the future of bitcoin ! https://nostr.build/i/nostr.build_3fa69c6ad00dcde846192cad9fa80dcb1caf7cbd6b7a9ad0e5713f74c257d9ae.jpg

Bitcoin is anti fragile and the banking system is exponentially increasingly fragile

Bitcoin is 24/7/365. Fast finality compared to banks. Banks can and will go bankrupt, do shady things, hurt people trying to save. Bitcoin does not.

Bitcoin has no central entity, unlike the current financial system, which cannot be stopped or censored. It will replace the traditional system wether they like it or not in not so long future.