Thread - Nostr Hypermedia

Satosha shutosha@nostrcheck.me 1 year ago

#CBDC won't happen because #Banks don't like them .. instead banks want to custody #bitcoin for their individual and corporate clients .. just like they custody their #fiat .. and again leverage the holdings .. with 10 % reserves ratio ..

Efrat Fenigson

I promised I’ll share my CBDC vs. Bitcoin slides from today’s talk. Here they are. Feel free to use them! @BTC Prague

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Replies (3)

puddintaine2 1 year ago

That’s why bankers have directed their captains (otherwise known as puppets) to work towards ending self custody. And they are achieving that one-bite at a time. Gradually then suddenly

1 replies ↓

Satosha shutosha@nostrcheck.me 1 year ago

That is true but it is not necessarily a bad thing .. #bitcoin is for everyone - lots of people find it hard to custody their coins .. frankly - it is harder than gold self custody .. and for smaller gifts , #btc is lot costlier to transport than transporting a #gold gift ...

1 replies ↓

puddintaine2 1 year ago

Hello! 👋🏻 hi This is not about having the freedom to let the banks and the gov’t have custody of your coin. 🤦‍♀️ ay yi yi!