lol Magoo! 

 Yeah, I call bullshit on that one 

 Either way it’s true at least for irl transactions 

 Wat 

 Highly doubtful unless it was a joke taken out of context. 

 I think Fiat Standard implies this. If I recall correctly, he points out that bitcoin can’t scale to normal daily transactions and that it’ll be banks, companies, and countries that do on-chain stuff (due to fees being too high for normal use) and layer two stuff will be for daily transactions.

Isn’t that just common sense, though, based on throughput limitations as of now? 

 Isn't everyone saying this?  That a reason why layer 2's are being built out. 

 https://m.primal.net/HtZD.png  

 Well I like the spirit but what use do central banks have when the monetary system is 1:1 backed 

 “The Central Bank Standard” 

  https://image.nostr.build/873bd8cfa312decc96e7599409c8370e608673a41c3a28f08698bd33da851f85.jpg  

 https://x.com/saifedean/status/939217658997854208