* Dam-breaking noises intensify * https://twitter.com/jordanbpeterson/status/1138884519669436417 … ...
-
Show this thread
-
-
Replying to @CruisingGallows @Outsideness
I just don’t understand this line of thinking. Empires rise and fall, but this 40 year old financial services company is an immutable bulwark.
2 replies 0 retweets 7 likes -
Replying to @ChaseWPatterson @CruisingGallows
It's not as if the disintermediation of the payments gate-keepers isn't part of the process (and even the spearhead of the process).
1 reply 0 retweets 7 likes -
Really, cryptocurrencies are not a very new thing now. I am half surprised "radioactive" bloggers, authors didn't use it extensively and relied on Mastercard. Fluctuating exchange rates are a problem. Is there a way to stabilize one crypto to the USD? For those who want to.
3 replies 0 retweets 2 likes -
Replying to @DividualsTweet @Outsideness and
Fluctuating crypto price is not a problem. There are several coins that maintain 1:1 peg to the USD ("stablecoins").
1 reply 0 retweets 0 likes -
Replying to @slaavski @DividualsTweet and
For those who want to be pegged to civilizational collapse for some reason.
2 replies 0 retweets 0 likes -
Replying to @Outsideness @DividualsTweet and
Well, if you're trying to run a business right now, before civilisation has collapsed and USD has ceased to be a thing, you need to be able to take payments in a digital currency that doesn't have 10%+ swings in an hour.
2 replies 0 retweets 1 like
A 10% swing within the context of vertiginous USD collapse isn't a big deal. "OMG I only got 7,500 BTC per USD rather than 8,200" is surely manageable.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.