<oembed><type>rich</type><version>1.0</version><title>Micael wrote</title><author_name>Micael (npub1f4…2a37d)</author_name><author_url>https://yabu.me/npub1f4q60j7fklm7sjzdz4ye42g5r3elnguuxajuch2kx8apulfkx0xqf2a37d</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>THIS IS NOT &#34;PARANOIA&#34;&#xA;&#xA;To dismiss as paranoia the certainty that banks will force liquidations to seize collateral is to deliberately ignore  history; it is pure realism to understand the predatory nature of those who control credit. &#xA;&#xA;By giving away the hardest money ever invented for unlimited paper liabilities, you create a perverse asymmetric incentive the bank is not really interested in recovering the fake credit it can create or access at almost zero cost; its real goal is to capture the underlying asset (bitcoin in this case)&#xA;&#xA;Historically, institutions have used liquidity crises, sudden volatility “spikes,” and the fine print of contracts to execute legal confiscations, demonstrating that in the game of collateralized debt, forced liquidation is not a system error, but a strategy designed to transfer sovereign wealth from the individual to the institution&#39;s balance sheets.&#xA;&#xA;THE SYSTEM IS NOT BROKEN, IT&#39;S DESIGNED THAT WAY, IT&#39;S RIGGED AND THIS IS WHY BITCOIN EXISTS. </html></oembed>