I wrote an Op-Ed for the next edition of @bitcoinmagazine, hitting shelves this October.
But the digital version is out now.
Read it or download the PDF at the link below:
(Available in English and Spanish)
Oh boy. Hold on tight.
Let the currency wars begin. Curious to see what the dollar does Monday
@FossGregfoss People just fundamentally don’t understand that fractional reserve banking is an absolute rolling Ponzi.
When you deposit in a bank, you have "loaned" your money to the bank in return for deposit interest.
They take your loan and "re-loan" it and earn an interest spread...
Their risk absorbing equity capital is about 4-6% of the "re-loaned" amount.
THIS IS THE RISK!!
Wow This is INSANE
CBDC censorship and disinformation campaign has started
This election cycle could be the most important vote for your continued economic freedom in the history of the United States
Make certain the candidates you vote for are ANTI-CBDC https://twitter.com/StoneysGhoster/status/1575118461814071296
Media outlets precisely coordinated the release of their hyperbolic #Bitcoin energy articles at *exactly 11AM EDT* — within minutes of @_BenjaminAJones's ridiculous paper being published.
This is Pope-level media coordination for [checks notes] 0.1% of global emissions.🤨
Bitcoin Maston Instance