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658

Hi.

So the big lesson for us on the right is that we need a parallel economy.

The goal of a parallel economy has only one majour roadblock: access to the banking system.

Does anyone have any deep understanding of how the banking system works and whether or not buying a bank buys you access to the banking system or whether or not that just buys you a building and the banking system can still cut you out?

Obviously, the future is quick transaction crypto (the only thing actually stopping a parallel economy), but I'm curious if there are any hard/fast answers to the above question beyond "the jooos".

Hi. So the big lesson for us on the right is that we need a parallel economy. The goal of a parallel economy has only one majour roadblock: access to the banking system. Does anyone have any deep understanding of how the banking system works and whether or not buying a bank buys you access to the banking system or whether or not that just buys you a building and the banking system can still cut you out? Obviously, the future is quick transaction crypto (the only thing actually stopping a parallel economy), but I'm curious if there are any hard/fast answers to the above question beyond "the jooos".

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[–] • 0 pt

Dude.

This is literally why bitcoin was invented.

Its now a trillion dollar financial system on its own.

With bitcoin you can hold your own money, lend money, buy things, sell things. Receive money. transfer money across oceans. hid millions in your backyard.

Now you can also borrow against it and receive integrator dividends for lending it.

[–] • 0 pt

The problem with bitcoin is that the price fluctuates drastically. If only the dollar and bitcoin were both stable.