When you deposit your money with a bank:
1. The bank becomes the legal owner of the money you deposited.
2. The bank can use that money as it chooses, including deciding where to allocate credit.
3. Every time the bank issues a new loan, it creates new money in the process.
You are the product.
Debt is the magic trick.
Myth and Greg: introductory meeting of the two Bitcoiners https://t.co/T2Kv4cLjPX
Great conversation with a fellow (XBT) pleb @GregTonoski Episode 1 of our series is live now on YouTube
@MountainHodl21@LucasBean91 I say it all the time. Running a core node will not be possible for the average coretard on sha256 soon and that chain will stall out and implode over UTXO bloat on the blockchain
It's kinda funny how supposed journalists like @JoeNakamoto and @natbrunell and @BitcoinMagazine had zero interest in covering the Andy Back Blockstream mining story over the past few months, even after they became aware of it from my videos. Bitcoin journalism deserves better