I have a deep distaste for central banks. Banks in general. The whole financial system, actually.

Amount of bitcoins that will ever be mined: 21 million Amount of cash at the Federal Reserve: ∞

There's nothing to prevent the federal government from creating as much money as it wants and paying it to somebody. Alan Greenspan Federal Reserve Chairman (1987 - 2006)

Lightning is a scam! It cost me 2 sats to send 1 sat.

Blasting now

Just a reminder that there's no need to worry and everything's under control, because there's an infinite amount of cash at the Federal Reaerve. 🤙

gm

Swiss government confirms Credit Suisse takeover by UBS. "The bankruptcy of a global systematically important bank would have caused irreparable economic turmoil."