Forget bankers, economists, politicians, journalists, or altcoins. Bitcoin is up against the BIS, and THIS is The Final Boss it has to defeat:pic.twitter.com/1ahLtfZwdC
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this is more or less the sole substantive point in the whole thread. it's obviously true that the 2008 financial crisis revealed flaws in the basel framework. at the same time, bis researchers like claudio borio were warning about growing financial imbalances ...
and the possibility of crises very early so it's ridiculous to portray them as naive central planners who need to read taleb
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