unbelievable, the silicon valley crowd memed a bailout into existence.
it’s being touted as costing nothing to taxpayers because it’s being funded by inflation as opposed to taxation.
This is a continuation of the free put from the Fed.
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on the bright side, a whole bunch of tech bros learned about fractional reserve banking so we may get some more devs taking the OP
This one is definitely gonna change some attitudes towards Bitcoinnon Hacker News.