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
npub1gswnak4tjd8257ref60khv5mewmqgmyh0zmtkdm9kuv5fclg8rmsr37460Published at
2023-11-03 07:21:57Event JSON
{
"id": "fc4ad0976f28f12038b9211f1094d92a4a7a57a34ad179c2b424c83b5ff71afc",
"pubkey": "441d3edaab934eaa78794e9f6bb29bcbb6046c9778b6bb3765b71944e3e838f7",
"created_at": 1698996117,
"kind": 1,
"tags": [
[
"e",
"a2d13436a3fa7f31807d4f1a10a860d2d0e96a5acd044e628028aa6493c7fd0b",
"",
"root"
],
[
"p",
"a60e79e0edad5100d7543b669e513dbc1c2170e8e9b74fdb8e971afd1e0e6813"
]
],
"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.",
"sig": "9b05b0e6cbc49e27e8c643d1fb9eb230cce33e6dcbc2ea197b3cae0e48d000c726f8265bdc6394941186f411b4657a31972b7b528d150ba8edbcf88b11b40c66"
}