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Personal Finance and Investing

usonian

(19,994 posts)

2. I think that the original motivation for crypto was to overthrow the established banking system.

Reply to no_hypocrisy (Reply #1)

Sun Aug 17, 2025, 03:38 AM

Aug 17

So, do banks "embrace and extinguish" it, to borrow a Microsoft tactic? Or at least get some control, or a piece of the action?

They don't consult me.

Dunno how they think.

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The next financial crisis. You guessed right. Crypto. [View all] usonian Aug 17 OP

Would the motivation behind banks (eventually) accepting Crypto as collateral no_hypocrisy Aug 17 #1

I think that the original motivation for crypto was to overthrow the established banking system. usonian Aug 17 #2

Kind of like how TSF tried to take over the NFL by creating his own football league? no_hypocrisy Aug 17 #3

Crypto financial rat poison. love_katz Aug 17 #4

I suspect everyone here is aware of Molly White - if not, her blog is essential hatrack Aug 17 #5

I won't wade any deeper than a crypto ETF. Can be quickly exited. bucolic_frolic Aug 17 #6