Yeah, I mean, bear in mind, the crypto sector is very, very weak in how it can challenge.

It's got a structurally very weak.

The thing, you know, crypto people always rail about, you know, the state uses violence to,

behind the monetary system.

And it's like, yeah, no shit.

That's why it works, right?

And then they're like, well, our system doesn't have that. And it's like, no shit. That's why nobody uses it, right? And then they're like, well, our system doesn't have that.

And it's like, no shit.

That's why nobody uses it, right?

That's what it doesn't go.

Right.

Fine, you can do it for speculation.

But if you do structural analysis of monetary systems, yes, state power is a very big part

of how monetary systems actually work.

All right.

But cash is the only form of direct state money we can hold.

Anything in your bank account is a secondary type of money issued to you by your bank.

But the state doesn't necessarily a capitalist state has multiple sort of like competing

things going on.

One of the things they will worry about actually is the stability of the

monetary system if they completely defer it to the private banking sector. It already is largely

outsourced to the private banking sector, but they don't want it completely outsourced, right?

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