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0 sats \ 2 replies \ @stack_harder 7 Apr \ on: MONEY CLASS OF THE DAY: We Were Wrong—It's Over econ
I mean, the EU deciding it needs its own thing, which will probably be inferior and tied down with red tape, doesn't surprise me at all.
We already have SEPA as a swift alternative for Euros which works fine, but the risk of overdependence on American systems was always there. shit, Putin;s been talking about a BRICS swift alternative for ages for international payments.
I think what's changed is the aggressive language towards Europe coming from a historic ally it making them shit themselves, but it might be the kick in the ass Europe needs.
IMO no government will ever pick bitcoin as its go-to, unless really forced by some dramatic circumstances. Btc is the opposite to what a gov whats, it's good for the pleb because it's freedom money that can't be debased.
A gov doesn't want or need freedom money, it needs to control, surveil, punish, and debase to keep exports competitive or whatever.
it's good for the pleb because it's freedom money that can't be debased. A gov doesn't want or need freedom money, it needs to control, surveil, punish, and debase to keep exports competitive or whatever.
Agree that a gov wants that, but why do the plebs, like sheep, so willingly comply?
They can just, you know, leave; opt out.
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I think it's a combination of ignorance, complacency, laziness, and the pain threshold not being high enough yet, in the Western world at least.
most people past a certain age just don't want to learn anything new, unfortunately, especially if it challenges what the MSM has been preaching for decades
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