The global monetary ledger is an SQL database at the Federal Reserve. Every other fiat currency is just an L2 on the dollar network. The L2's will collapse or survive based on the Fed's decisions.
The real change happens when the L1 goes too far in their bailouts, and people abandon ship to a new and better L1. Like any other sinking ship, the people who panic first panic best.
If you aren't panicking yet, today is a great day to start.
f0xr
npub1h3k…wlmn
2024-04-26 14:35:35
in reply to nevent1q…5zyk
Author Public Key
npub1h3kv6yar972dxetymty0t936p45utq7fj6p5rw7ly79jrafsnrjqvuwlmnPublished at
2024-04-26 14:35:35Event JSON
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"content": "The global monetary ledger is an SQL database at the Federal Reserve. Every other fiat currency is just an L2 on the dollar network. The L2's will collapse or survive based on the Fed's decisions. \n\nThe real change happens when the L1 goes too far in their bailouts, and people abandon ship to a new and better L1. Like any other sinking ship, the people who panic first panic best. \n\nIf you aren't panicking yet, today is a great day to start. ",
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