cameronvaske on Nostr: Trying to explain to family and friends that “dollars in bank account” ≠ ...

Trying to explain to family and friends that “dollars in bank account” ≠ “dollars you have.” And that’s very hard to do.

Dollars in a bank’s possession is a promise for dollars. Not actual dollars you actually have. And even those are a promise on money backed by credit and faith, not actual money.

quoting
nevent1q…ufcn

"Not your keys, not your coins" is not a slogan.

It is the Terms and Service of reality.

If you have to ask someone for permission to spend your money, it isn't your money. It is their liability.

Take ownership of your life.