Damus
SatsAndSports · 2w
I'm not so sure it'll ever happen like that. In the medium term, defending fiat will require extreme measures due to the expected increases in Bitcoin's purchasing power. And so the vast majority of t...
tuma profile picture
That’s possible!

But, hopefully, their impact in the long-term will be way smaller than what we see today.

I mean, I think that they are so powerful today because most of the activities have been financialized in some way, and any word from the central banks gods may decree life or death.

I hope that one day this would not be the case
SatsAndSports · 2w
I guess I agree. I was oversimplifying your position. I think I just wanted to share those particular ideas, and saw your post as an opportunity to rant 😜 Even if you go back just thirty years, the role of banks was very different than it is today. Then, my bank saw my salary payments and rent ...