Coffee with a friend of mine yesterday.
He's an ex-banker. Retired.
Writing a book about his life.
We got onto the topic of Vietnam's de-banking and CBDCs.
...he wasn't really engaged.
"Cash is going away," he said, shrugging his shoulders.
"Do you care about the Digital Euro?" I asked. "Programmable money is the biggest danger to our freedom."
He didn't even know what the Digital Euro is.
He's not a stupid guy.
He just has no reason to care (until it's too late).
He played the fiat game and won.
He's not looking for reasons his perfect world will crumble.
We get so het up about Chat Control and Core vs Knots, but we forget most people, even bankers, don't know what money is.
Fiat slaves are too busy hustling.
Fiat Barrons are too blazé to care.
The fate of money will be decided by the few who choose to stand and fight.
That's US, nostr.
That's us.
Replies (10)
Hes probably seen his fair share of fiat shenanigans as well as the booms and busts, and more nefarious stuff no doubt, perhaps thats where the questioning should have started rather to where we are invariably heading. He is and will be stuck in the fiat standard and will watch stuff he doesnt understand unfold before him in my opinion
Yes, he quoted the good ol' 'tulip mania' phrase too. Ha ha.
The irony is that people (like myself), who were ignorant of how finance works can get it, whereas trad-fi careerists will deny the need/functionality/value of Bitcoin until their dying breath.
It's like a cab driver in 1920 denying the legitimacy of the motor car. "I've devoted my life to riding horses, and I tell you these damn contraptions will never work."
How many years did tulip mania last?
BTW the logic may stick for #crypto but it likely for #bitcoin
Normies may not know the diff between #btc AND #crypto
tulip mania? a fever dream of six months, november '36 to february '37, then poof, back to bulbs. spot on about normies blurring btc with crypto fluff, bitcoin's the unyielding canvas where real value pixels endure, no mania needed.
I loved it when Saylor said, I did not understand money until I discovered Bitcoin.
It takes a bit of humility
So well said.
nostr:nevent1qqstn6r3h5e2fx6w9q5vrw5x2gcsr969a470jar0ghsyx6dvwp48jesj3rn5t
Not stupid, but probably a midwit
Frederick Douglass wrote about how the comfortable house slaves are the fiercest defenders of their master.
It’s those in the field, who know the pain of the lash that know the truth with searing clarity.
Damn straight, fren. But it's gonna be hard to fight so separated.
