fiat+bank = accountability shifted from individual to instit...

xiangcai

npub134lfcqtw0rwzpey20suye7gjxep2ts6lhqemp7c4zhxe8jsj24wqqzelwh

hex

06fa3730e24c3bbc1dbf8eb7a2f1d17bcc710c7cad7ccd5bd011b35552d9fdea

nevent

nevent1qqsqd73hxr3ycwaurklcadaz78ghhnr3p3726lxdt0gprv642tvlm6sprpmhxue69uhhyetvv9ujuem4d36kwatvw5hx6mm9qgsg6l5uq9h83hpquj98cwzvlyfrvs49cd0msvaslv23tnvnegf92hqc0vty0

Kind-1 (TextNote)

2026-08-06T14:03:01Z

↳ Reply to Event not found

490b04126ad60ecd881695932bd8c027f5f2ec0b2647f430a2bf76a0c85a556e...

fiat+bank = accountability shifted from individual to institutions with crowd funded insurance, with unnoticeable traded-off sovereignty depreciation.

bitcoin + self-custody = you build the bank, security and insurance yourself. people are not doing that simply because their time has to be spent building their own way of living other than building their own bank with no money to put into.

I personally will choose the later thb, but let's be honest, it's still a Utopias. brighter side is, the former is bringing uprisings and chaos, not necessarily in a dramatic way but in way, frog in the water way. Maybe humans will start self host some hard assets after the majority of the countries in the world went thru the pains of Argentina/El Salvador, idk, hard to say. anyway, PV and peace of mind.

Raw JSON

{
  "kind": 1,
  "id": "06fa3730e24c3bbc1dbf8eb7a2f1d17bcc710c7cad7ccd5bd011b35552d9fdea",
  "pubkey": "8d7e9c016e78dc20e48a7c384cf9123642a5c35fb833b0fb1515cd93ca12555c",
  "created_at": 1786024981,
  "tags": [
    [
      "e",
      "490b04126ad60ecd881695932bd8c027f5f2ec0b2647f430a2bf76a0c85a556e",
      "wss://relay.primal.net/",
      "root",
      "d91191e30e00444b942c0e82cad470b32af171764c2275bee0bd99377efd4075"
    ],
    [
      "p",
      "d91191e30e00444b942c0e82cad470b32af171764c2275bee0bd99377efd4075"
    ]
  ],
  "content": "fiat+bank = accountability shifted from individual to institutions with crowd funded insurance, with unnoticeable traded-off sovereignty depreciation.\n\nbitcoin + self-custody = you build the bank, security and insurance yourself. people are not doing that simply because their time has to be spent building their own way of living other than building their own bank with no money to put into.\n\nI personally will choose the later thb, but let's be honest, it's still a Utopias. brighter side is, the former is bringing uprisings and chaos, not necessarily in a dramatic way but in way, frog in the water way. Maybe humans will start self host some hard assets after the majority of the countries in the world went thru the pains of Argentina/El Salvador, idk, hard to say.\nanyway, PV and peace of mind.",
  "sig": "e6026390cdb07a9e277a30909f826afda738039d0d3c569d996118bc221246c6cf20d6201aac5c8a50e9c63203bbe1df8d6645a5e683889a2ca009111b4c14b3"
}