'People are educated just enough to believe what they have been taught, but not educated enough to question what they have been taught."
- Richard Feynman
The SVB saga is a good time to acknowledge that banks are never purely private but publicly-chartered franchises who somehow managed to slip out of almost all their public obligations.
This, rather than narrow worries about moral hazard, is what we should be to talking about.
S. Eich
'The SVB saga is a good time to acknowledge that banks are never purely private but publicly-chartered franchises who somehow managed to slip out of almost all their public obligations.
This, rather than narrow worries about moral hazard, is what we should be to talking about.'
E. Eich
Morning!
Here’s an idea for a startup. A bank that holds your deposits and takes an annual fee. That’s all it does. Nothing else.
Is anyone working on this? It would be massive!!🤔🤔🤔
Is it only me or we are a bit anxious about diversity of contents here.
It's awesome all the LN and BTC nostr updates,but it would be great if we have more adoption and diverse contents(music, culture, movies...)