I'll be honest: I don't think the banking "system" will fail fast - they'll not let go of the power they have over all of us ...
BUT in the long term #bitcoin will rule them all - still some points need to be figured out and implemented in #bitcoin a proper way especially - unfortunately and no matter how much I personally hate them: LOANs - they are essentially not only for startups but also individuals to let's say buy a house or whatever they desire/need now but can't afford in full rn ...
The road ahead of us banking / currency-wise i'd assume is kind of orwellian: big and small countries as already europe/north america/BRICS will at some point settle on a common CBDC for their respective regions (as the EURO is already ... and how much pain and currency devaluation that brought we can all here in europe still remember painfully) - but at some point also these institutions and fiat currencies will fail following their predecessors but by then they'll at least have made everyone comfortable with digital currencies and people will at some point flock towards #bitcoin - but especially then we will see the most fierce attacks on the network so be prepared and best contribute to it yourself by then by at least running your own node if not even a small miner ... we can do it!
Be strong and keep believing - BTC is the way!
pcp82
npub1wk…ypwxv
2023-04-22 19:15:51
in reply to nevent1q…5ege
Author Public Key
npub1wkx5vkh6tkaz7nptc4axwdalpvhnmnpvje3nrdq9ff5c2xgykd4qyypwxvPublished at
2023-04-22 19:15:51Event JSON
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"content": "I'll be honest: I don't think the banking \"system\" will fail fast - they'll not let go of the power they have over all of us ...\nBUT in the long term #bitcoin will rule them all - still some points need to be figured out and implemented in #bitcoin a proper way especially - unfortunately and no matter how much I personally hate them: LOANs - they are essentially not only for startups but also individuals to let's say buy a house or whatever they desire/need now but can't afford in full rn ... \n\nThe road ahead of us banking / currency-wise i'd assume is kind of orwellian: big and small countries as already europe/north america/BRICS will at some point settle on a common CBDC for their respective regions (as the EURO is already ... and how much pain and currency devaluation that brought we can all here in europe still remember painfully) - but at some point also these institutions and fiat currencies will fail following their predecessors but by then they'll at least have made everyone comfortable with digital currencies and people will at some point flock towards #bitcoin - but especially then we will see the most fierce attacks on the network so be prepared and best contribute to it yourself by then by at least running your own node if not even a small miner ... we can do it! \n\nBe strong and keep believing - BTC is the way! ",
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