156 sats \ 7 replies \ @DarthCoin 3 Dec 2023 \ on: Continuation of "Self-Custody for Everyone": What Are Banks Plotting? bitcoin
Regular fiat banks are now "adopting" these "crypto-accounts" because they know what is coming... CBDC. And they are fucking scared. CBDC will kick them out (commercial banks) because it will be no need for them anymore in a CBDC world.
So in order to survive longer... (they will die anyways, once Bitcoin will eat them all) they try to fool more clueless normies to custody their BTC and craptos.
Some of them maybe they will do some kind of good job, but I doubt they will survive much longer.
Right now we are at war, on three fronts:
  • Central banks against Bitcoin
  • Central banks against small commercial banks
  • Commercial banks against Bitcoin
All want control... It's all about control of the capital. And that't why they hate self-custody.
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21 sats \ 3 replies \ @TomK 3 Dec 2023
Thank You. A perfect overview. I always write: "CBDCs are bankers killing apps''. But they are sleeping like stupid babies
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79 sats \ 2 replies \ @DarthCoin 3 Dec 2023
Sometimes I hate myself for saying loud my thoughts... because became reality. I hate myself for saying the plain truth that many cannot handle it.
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51 sats \ 0 replies \ @TomK 3 Dec 2023
Keep it coming. Those who can see will like the sun. The rest will see when they're prepared.
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10 sats \ 0 replies \ @Natalia 3 Dec 2023
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21 sats \ 2 replies \ @Lederhosen OP 3 Dec 2023
I also believe that they recognize Bitcoin's unstoppable nature and, consequently, must adapt to Bitcoin in the long term, not the other way around.
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30 sats \ 1 reply \ @DarthCoin 3 Dec 2023
The whole point stands in normies acceptance of CBDCs. It's all about compliance. And right now they start pushing for this crappy "global digitalID"... This is REQUIRED in order to be able to implement CBDCs. Because each CBDC is attached to a globalID. You can't even fart without them knowing...
Scenario A:
If the majority will just accept it, then Bitcoin will became the "resistance" currency, for underground trades, in small communities, a real freedom resistance.
People thinking today that they will be able to dump the CBDC for more sats, they are totally WRONG. CBDC means you cannot make ANY trade without central bank APPROVAL. CBDC = social credits, are NOT money ! This is what most of the people do not realize.
Who have today BTC, it will join into resistance or the weak ones, will just keep them as a relic because they would not be able to exchange them for CBDC.
Scenario B:
The majority of people reject CBDCs and we could have another 10-15 years time to get rid totally of fiat, slowly adopting Bitcoin.
I will repeat this over and over until more people will trylly understand my fucking WARNING!
Please read:
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0 sats \ 0 replies \ @Lederhosen OP 3 Dec 2023
I think the day has now come when I can no longer read the word CBDC.
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