• David Gerard@awful.systemsOP
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    1 year ago

    well, precisely. Banks expected depositors would keep their money in the bank. This turned out to be incorrect when interest rates went up.

    • EmeraldA
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      1 year ago

      I see, I misread it then. Slightly off-topic, but I just realized you are the one who wrote the Attack of the 50 foot blockchain and now I feel I’m in the precense of a legend. I’m going to buy your book, because I’m genuinly interested in an in-depth perspective by someone who is anti-crypto. I’m not anti-crypto, but I like to keep an open mind!