They told me, I didn't listen
JACK: “…No. It’s unconstitutional. You can’t make your own currency. That is the federal government’s job.
PRICE: Jack. Look at me. I am not the problem here. The problem is that hard cash is fading. Rapidly. That’s just the way of the world right now. And Bitcoin is spreading — and if Bitcoin takes over we are all in a world of hell. It is unregulated. It has already reached its transaction volume maximum and it is partly controlled by Chinese miners.
With E-Coin we control the ledger and the mining servers — we are the authority. I will make sure that you will have visibility into every single wallet that’s opened: every loan, every transaction. Which means we can start making new assets. Which means we can start rebuilding the banking sector without you having to inject even more politically unpalatable federal funds into it.
JACK: The President will laugh in my face.
PRICE: But he will know that this is the right thing to do. This is going to be controlled by a good old-fashioned American company. You want to regulate it? Be my guest. Regulate the shit out of it. I’ll give you backdoors, side-doors, trace — whatever you want. Just don’t. Shut it. Down.
Joel
npub12w…2rrm3
2024-04-26 07:12:08
in reply to nevent1q…x6q8
Author Public Key
npub12w53uwny68m936vr4s0yl8svd9lc7vlqrkx7hepe7nq6jggn7kfq92rrm3Published at
2024-04-26 07:12:08Event JSON
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"created_at": 1714108328,
"kind": 1,
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"content": "They told me, I didn't listen\n\nJACK: “…No. It’s unconstitutional. You can’t make your own currency. That is the federal government’s job.\n\nPRICE: Jack. Look at me. I am not the problem here. The problem is that hard cash is fading. Rapidly. That’s just the way of the world right now. And Bitcoin is spreading — and if Bitcoin takes over we are all in a world of hell. It is unregulated. It has already reached its transaction volume maximum and it is partly controlled by Chinese miners.\n\nWith E-Coin we control the ledger and the mining servers — we are the authority. I will make sure that you will have visibility into every single wallet that’s opened: every loan, every transaction. Which means we can start making new assets. Which means we can start rebuilding the banking sector without you having to inject even more politically unpalatable federal funds into it.\n\nJACK: The President will laugh in my face.\n\nPRICE: But he will know that this is the right thing to do. This is going to be controlled by a good old-fashioned American company. You want to regulate it? Be my guest. Regulate the shit out of it. I’ll give you backdoors, side-doors, trace — whatever you want. Just don’t. Shut it. Down.",
"sig": "b254b91f55a745285af024db79b0757f440e3df308afd39539c749064168edaaea9146f1053f1e91b105a13a285a41bbde945abe814e40a348ec52cb031f53c2"
}