I find the whole "but our reputation" argument to be especially disingenuous. You'll note that a creep like Epstein had no trouble, not only accessing banking services, but meeting with bank executives and acting as an "investment manager" (which was probably a blackmail/money laundering scheme.) Who the heck has Leslie Wexner give them a Manhattan apartment?
And yes, I also don't think it would be ok for a conservative megabank to start trying to figure our individual people's positions on abortion and deny them service as a result.
based af
"neutrality is a principle in itself... neutrality is the most important principle in Bitcoin" -Andreas gave this lecture 10 years ago, but it seems more appropriate had he given it yesterday
I wish we were not on opposing side of the Bitcoin debate, but it is what it is and I find myself humbled with high respect for your viewpoints
I won't convince you of Bitcoin, but if for some reason you find yourself with a lot of free time, I would recommend a couple of books that are extremely compatible with your arguments here on the thread
The Bitcoin Standard (of course, why not, lol) and The Sovereign Individual (predates Bitcoin by over a decade)
Money (not currency, which is a small subset) is being weaponized
Money has many forms, liquid and illiquid, i.e. fiat, credit such as cc or line of credit, cars, jewelry, art, collectibles, real estate, bank account balances, stock brokerage accounts, money market accounts, bonds... bitcoin... stablecoins... crypto assets... shadow banks, private equity, etc
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Two years ago, during the crypto bull market, family members and friends were advising me to buy real estate (home) but I am aware of what RE is... it's a form of money. pseudo money. Illiquid money
So I didn't
I recently moved my family to Asia. I do not like what I'm seeing in the US and in the western countries, like completely being destroyed from within, the woke culture (even in the military which is quite odd, the contradiction of having the strongest military in the world), the foods, the need for medicating everything not cure, but constant management of symptoms, like a subscription model, constant revenue stream for the pharma industry, like Netflix
When I was in the US, I went everywhere with a loaded gun and I knew it was not enough to protect my family, but I guess I was going to die trying
Back to the thread topic... I sleep well every night because I have most of our savings, our net worth, in bitcoin. I still have money in the US banks of course, but if the banking system in the US collapses due to CRE or whatever contagion from the HTM securities, it would hurt, but not that bad
It would have been a shackle or anchor had I purchased that RE 2 years ago
US fiat ponzi monster needs to be constantly fed through endless wars, drop many bombs in the ME desert fatten the ponzi monster, the more proxy wars such as Ukraine, makes the ponzi monster happy, more aids to other nations, yum yum
I have kids. I don't want them to end up fighting in a proxy war to support the fiat ponzi monster, nor be unhealthy through the foods and drugs feeding the fiat ponzi, nor be exposed to woke brainwashing from Mavel, Disney, California law passing gender affirmation stuff, and on and on
TL;DR, I recommend the 2 books if you happen to have those excessively long free time. Godspeed
