My takeaway today... 'Financial stability is psychological and bank runs are contagious'
'For those hoping that a change to Bitcoin (or challenger system) happens all at once, be careful what you wish for. While the existing system is producing profoundly negative effects, it is important to remember, that all of our other institutions currently sit on top of the existing system (the monopoly) and a sudden change would spell disaster for your way of life'
An excerpt from
'The Greatest Game'
by @JeffBooth
https://link.medium.com/xxcJ0fNtayb
#Bitcoin #Nostr
Please kindly refer zaps to
⚡️ jeffbooth@getalby.com
rLOVEution_BTC / Lara
npub18t…6h4rw
2023-03-14 19:16:22
Author Public Key
npub18ttvtyfl289v85t84sncwsh7a96w2h59pem8gzg50jtemh4jfzjsj6h4rwPublished at
2023-03-14 19:16:22Event JSON
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"pubkey": "3ad6c5913f51cac3d167ac278742fee974e55e850e767409147c979ddeb248a5",
"created_at": 1678821382,
"kind": 1,
"tags": [],
"content": "My takeaway today... 'Financial stability is psychological and bank runs are contagious' \n\n'For those hoping that a change to Bitcoin (or challenger system) happens all at once, be careful what you wish for. While the existing system is producing profoundly negative effects, it is important to remember, that all of our other institutions currently sit on top of the existing system (the monopoly) and a sudden change would spell disaster for your way of life'\n\nAn excerpt from\n'The Greatest Game'\nby @JeffBooth \n\nhttps://link.medium.com/xxcJ0fNtayb\n\n#Bitcoin #Nostr\nPlease kindly refer zaps to \n⚡️ jeffbooth@getalby.com",
"sig": "d535259677311bc60b0815553413b56d33b4bb1b9439d0aec6ae45e9a61f18097daf2fb6974ee1efff37a5ffcf2849cbb748280ab41aa8d26794a1cf0eca559c"
}