242 sats \ 0 replies \ @KeynesianClowns 1 May 2023 \ on: 3 of the 4 largest-ever U.S. bank failures have occurred in the past 2 months bitcoin
The whole point is to destroy any decentralization left in the system, namely by getting rid of the regional and local banks. After everything is consolidated into a few big players (BoA, JP Morgan, etc.), a deal can be cut for CBDCs and other financial control that allows the bankers to get their cut and governments to get the control they desire. Insidious and disgusting, but all controlled.