government / institutions buy the bitcoin, and sit on it, or rather let Coinbase sit on it. they then trade paper bitcoin and IOUs and futures and derivatives like they already do, not even touching the bitcoin that "backs" their financial system.
a transparent, auditable main chain exposes none of the shady business.
and they beat Bitcoin into submission. they never need to use it, they only need to "own" it.
9ueer / 🤦🏼♀️
npub19u…rfnl8
2024-11-21 05:19:07
in reply to nevent1q…s55v
Author Public Key
npub19ueerl5hn8423av5q8xqtx6y0ayj9kj56der5au5fuctaqy6e4xserfnl8Seen on
wss://relay.primal.netPublished at
2024-11-21 05:19:07Event JSON
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