TradFi banks failing because of regulated practices such as lending out customer deposits & putting cash on hand into debt instruments for a yield is exactly why #Bitcoin was created the way it was. Decentralised, permissionless & with no counter party (providing you hold your own keys).
Lesson in here for all those regulation cheerleaders & Bitcoin critics.
hodlbec / Hodlbec ⚡️
npub1t9…p3fsl
2023-03-10 08:24:16
Author Public Key
npub1t9xd6u3lejq7klxm8e8kv5ultcgplsms28ejfefcjltfk7ehjv2qep3fslPublished at
2023-03-10 08:24:16Event JSON
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"content": "TradFi banks failing because of regulated practices such as lending out customer deposits \u0026 putting cash on hand into debt instruments for a yield is exactly why #Bitcoin was created the way it was. Decentralised, permissionless \u0026 with no counter party (providing you hold your own keys). \n\nLesson in here for all those regulation cheerleaders \u0026 Bitcoin critics.",
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