Step 1: Banks hold btc for customers.
Step 2: Banks cant fractioneel reserve, or they roll over when they do(bankrun).
Step 3: Banks service rates increase.
Step 4: Bank customers have an incentive to study cheaper options.
Step 5: race to the bottom. Banks restrain themselve or go out of business.
Game theorie plays out. Saylor is planning chess.
Derek
npub1gs…37460
2023-11-03 07:21:57
in reply to nevent1q…se45
Author Public Key
npub1gswnak4tjd8257ref60khv5mewmqgmyh0zmtkdm9kuv5fclg8rmsr37460Seen on
wss://nos.lolPublished at
2023-11-03 07:21:57Event JSON
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"content": "Step 1: Banks hold btc for customers.\nStep 2: Banks cant fractioneel reserve, or they roll over when they do(bankrun).\nStep 3: Banks service rates increase. \nStep 4: Bank customers have an incentive to study cheaper options.\nStep 5: race to the bottom. Banks restrain themselve or go out of business.\nGame theorie plays out. Saylor is planning chess.",
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