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5 sats \ 1 reply \ @scampy 1 Dec 2022 \ parent \ on: Is Nexo going to be the next surprise collapse ? bitcoin
Honestly, this whole meltdown is extremely promising long-term. Fractional reserves are unsustainable for an asset as mobile as Bitcoin. The same cannot be said for gold.
Burn it all down, and let me scoop up cheap sats. Best news since the China mining ban.
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50 sats \ 0 replies \ @TomK 1 Dec 2022
Well said. By the way: i really hope that some of the poorest people in the world will be able to have access and some savings in BTC after having been betrayed by the legacy system of the banking cartel for so long. They really deserve having a kickstart when FOMO hits markets du push them economically higher
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