Almost nobody in the general public understands central banking, (fractional) reserves, repo's, Basel, MiFid, collateral and the SWIFT network.
Similarly, newcomers to bitcoin hear insiders talk about nodes, sats, BTCs, protocols, Lightning, wallets, tokens, layers, public and private keys.
While Bitcoiners mean well and bankers usually don't and can't, they share the same basic problem of informing the general public about their field.
Video below featuring Jeff Booth is an absolute gem in explaining Bitcoin from all perspectives, correctly starting with the basic and growing problem of our current deceitful fiat based socio-economic structure.
https://odysee.com/@richardvobes:f/jeff-booth-on-why-bitcoin-is-essential:2?r=4yVk8td9Js3mrQ6Xkj69yT49fRWdHnU8
/ Strategister
npub1g5…03avv
2024-02-07 03:29:18
Author Public Key
npub1g583l6nm9lsq325073engx9dz8e5fucqpl06r9c2cuqxtk288mxqp03avvPublished at
2024-02-07 03:29:18Event JSON
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"content": "Almost nobody in the general public understands central banking, (fractional) reserves, repo's, Basel, MiFid, collateral and the SWIFT network.\n\nSimilarly, newcomers to bitcoin hear insiders talk about nodes, sats, BTCs, protocols, Lightning, wallets, tokens, layers, public and private keys. \n\nWhile Bitcoiners mean well and bankers usually don't and can't, they share the same basic problem of informing the general public about their field. \n\nVideo below featuring Jeff Booth is an absolute gem in explaining Bitcoin from all perspectives, correctly starting with the basic and growing problem of our current deceitful fiat based socio-economic structure.\nhttps://odysee.com/@richardvobes:f/jeff-booth-on-why-bitcoin-is-essential:2?r=4yVk8td9Js3mrQ6Xkj69yT49fRWdHnU8",
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