saifedean (nprofile…prmm) made a great comparison at Seoul. Back in the day a human connected wires by hand in order for you to make a phone call.
Today we still have a guy in a room who controls the supply of the money and manually initiates wire transfers.
Just as we look back on old phone systems as wasteful and inefficient today we will think the same about fiat / central banks according to Saif.
Great listen.
The BTC Philanthropist
npub1hv…paqv9
2026-05-12 12:45:48 UTC
Author Public Key
npub1hvw9z52rn6dtk6qvzkcerstqdvpnx0dn4np45ufsj8vezd63cwesxpaqv9Published at
2026-05-12 12:45:48 UTCEvent JSON
{
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"pubkey": "bb1c5151439e9abb680c15b191c1606b03333db3acc35a713091d9913751c3b3",
"created_at": 1778589948,
"kind": 1,
"tags": [
[
"alt",
"A short note: nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3..."
],
[
"p",
"4379e76bfa76a80b8db9ea759211d90bb3e67b2202f8880cc4f5ffe2065061ad",
"wss://nos.lol/jetzt"
],
[
"client",
"Amethyst"
]
],
"content": "nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgpzdmhxue69uhkummn9ekx7mp0dfjhg7n5qyg8wumn8ghj7mn0wd68ytnddakj7qgcwaehxw309aex2mrp0yhxgun9v9kkjarg9e6x7tc9mprmm made a great comparison at Seoul. Back in the day a human connected wires by hand in order for you to make a phone call. \n\nToday we still have a guy in a room who controls the supply of the money and manually initiates wire transfers. \n\nJust as we look back on old phone systems as wasteful and inefficient today we will think the same about fiat / central banks according to Saif. \n\nGreat listen. ",
"sig": "a496134e91b6fb0897955d13ad38111a381d480d307f73326c94528ae15ba53b68738615fe5c43b0c91a503657bdc7ef6ebd954b1e5cbf43390f2394c44f3dd0"
}