the banks had monopoly over printing “money” and this gave them an edge to offer services other institutions couldn’t
in bitcoins case, people can reject any fake money that’s been created by the banks or any other entities
i don’t see what the banks are offering unique that a small co-ops or communities can’t offer, like fedi has an app that can take care of the payment rails and keep the funds within a village or a family, so they can grab the rug puller, i’m not saying fedi is the one, but for now there is an option for people with smaller or no utxos
there will newer l2 options that will replace the current ones and offer better options and we’re ok for now as there’s plenty of room on base and l2’s
/ Bitcoin Sikho
npub1nc…wj87x
2025-04-13 17:57:30
in reply to nevent1q…etpt
Author Public Key
npub1ncff8m25y0c058xdljmxhpr4lxetzjpea6uq9733qmp4slfts43qawj87xPublished at
2025-04-13 17:57:30Event JSON
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"pubkey": "9e1293ed5423f0fa1ccdfcb66b8475f9b2b14839eeb802fa3106c3587d2b8562",
"created_at": 1744567050,
"kind": 1,
"tags": [
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"content": "the banks had monopoly over printing “money” and this gave them an edge to offer services other institutions couldn’t \n\nin bitcoins case, people can reject any fake money that’s been created by the banks or any other entities \n\ni don’t see what the banks are offering unique that a small co-ops or communities can’t offer, like fedi has an app that can take care of the payment rails and keep the funds within a village or a family, so they can grab the rug puller, i’m not saying fedi is the one, but for now there is an option for people with smaller or no utxos \n\nthere will newer l2 options that will replace the current ones and offer better options and we’re ok for now as there’s plenty of room on base and l2’s",
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}