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217 sats \ 1 reply \ @blocktock 1 May 2023 \ on: 3 of the 4 largest-ever U.S. bank failures have occurred in the past 2 months bitcoin
Controlled demolition.
Consolidation in the banking industry enables CBDCs. Majority to seem to think everyone will have accounts directly with the Fed, but I suspect accounts will still be provided by intermediaries and shareholders of the Fed, like JPM. They can build better more gamified UX, as awful as it will be. Consolidation is the planned descent into the abyss.
Exactly
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