347 sats \ 0 replies \ @phaedrus 6 May 2023 \ on: How US banking system pushes people into debt bitcoin
Really well written and as a foreigner living in US for past 10+ years, I can confirm this.
Also, the consequence of living on debt/credit is that KYC is so important, because you need to enforce that the person pays it back eventually.
In a way, this turns people into slaves.