Doq Holliday @doqholliday
24 May, 11:52
I still don’t think people truly understand what is happening to banks.

I keep seeing headlines like β€œThe Bank of _____ is now offering crypto services”.

I laugh.

Once a bank turns someone’s FIAT money into crypto, the bank will never get it back.

You can then send your crypto to a yield farming service and get 9%-19% APY on your funds.

Imagine keeping your money in a bank after learning this.

The banks are allowing this big shiny trojan horse into their systems, not truly understanding the freedom it will bring to humanity.

Crypto is a golden off-ramp to get your money out of [their] system.

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Kira Kju @kju17
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12:02 PM - May 24, 2022
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