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~lol - they're orchestrating a bankrun? Need much less than 20%
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Could be 2000% and it wouldn't matter, individuals are relatively poor, banks are fronts for institutions... retail deposits are about generating junk fees not reserves.
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53 sats \ 1 reply \ @optimism 2 Oct
Oh you're right and they are likely to just going to self-own because all these people have no opsec. So they'll just get debanked and done.
If you're wanting to enter Gaza unchecked, there are definite ways. A boat where you give live updates to your following on instagram is not and instead just fuels lame internet credit milking and future masturbation.
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Yea, total psyop mixed in with some useful idiots.
I speculate that to the extent the US supports Israel, and Trump has a hot-cold relationship with Bibi, serves to legitimize it when the US inevitably supports a new Israel government/regime-change or cracks down on (factions of) Israeli Intelligence operating in the US.
Everything is bigger than it appears.
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Since banks aren’t required to hold reserves anymore, I think that changed with Basel III, I’m guessing they don’t even need the 10% they used to. That was the old limit.
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It’s a never-ending comedy! Hahaha!
đź‘€ US banks expect victory in capital requirements as Trump regulators revamp rules #1245983
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141 sats \ 9 replies \ @Fenix 2 Oct
I would like to see any of that “fuck gov” movements using bitcoin to keep themselves money reaching a true consciousness, because they back to fiat really fast when their cause ends. Like Canada Trukers.
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True. The nice thing about this is, though probably an oversimplification, that it comes from the other side of the spectrum.
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57 sats \ 1 reply \ @optimism 2 Oct
Can we accept then that Bitcoin doesn't give a fuck about factions and spectra? Would be good.
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136 sats \ 0 replies \ @Fenix 2 Oct
I really accept this because is what it is. Everyone have to see this to avoid bubbles pro and against something that give a shit about who are using it.
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36 sats \ 0 replies \ @Fenix 2 Oct
When they need real freedom they find the way. I hope few pol there could see the real sovereignty that bitcoin demands.
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it served a purpose, moving money when authorities wrongly prevented traditional means, a key strength of bitcoin.
it took me 3 'interactions' before being to grasp it. most people dont understand money in the 'first world' it taken for granted SO MUCH. even tho the truckers have this temporary life impact due to bitcoin, its a means to an end for them.
just be one of the 'interaction' for people.
gradually then suddenly
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What's causing that? Convenience?
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136 sats \ 2 replies \ @Fenix 2 Oct
Convenience and fear to lost their donations or have problems because of donate.
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36 sats \ 1 reply \ @optimism 2 Oct
lose it as in sats go to zero?
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136 sats \ 0 replies \ @Fenix 2 Oct
I mean, losing the fiats due to account freezes or companies embargoing donors and members of the flotilla. With bitcoin there isn’t that risk for them, I imagine that’s the intention.
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Only buy Bitcoin if you want to be part of the peaceful revolution building an alternative to the fiat debt slavery bankers cartel.
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36 sats \ 0 replies \ @adlai 2 Oct
please use the name, "sumud" although spelling it with an initial tee might be closer to the actual pronounciation
the word means "solidatity" in most arabic languages
edit - the range span of understandable pronounciations is best approximated by/about/from ["zsumud", "tsumud", "thumud"]; nobody will seriously consider "dumud" unless you are instructing someone with some pathological inability to correctly pronounce the entire range of the arabic alphabet.
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36 sats \ 0 replies \ @orto 2 Oct
🤎🤎🤎
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Moving your money to bitcoin is great and all, but what exactly are they hoping will happen as a result of this mass divestment?
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Big picture - bitcoin's politically agnostic use case spreads. Bigger tent.
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