wealththeory on Nostr: I agree. If everyone is using one bank with several large banks acting as sort of ...
I agree. If everyone is using one bank with several large banks acting as sort of fed-brokerages, then there can be no bank runs. That’s one of the sales-pitches for the dystopian nightmare.
Of course, there will be one bank, one money. The question again is:
Is it controlled by a centralized criminal organization, or is it decentralized?
Published at
2023-03-16 15:08:40Event JSON
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"content": "I agree. If everyone is using one bank with several large banks acting as sort of fed-brokerages, then there can be no bank runs. That’s one of the sales-pitches for the dystopian nightmare.\n\nOf course, there will be one bank, one money. The question again is:\n\nIs it controlled by a centralized criminal organization, or is it decentralized?",
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