It seems that, as far as money is concerned, a lot of people have a very short memory.

Governments stepped in massively during both the “Great Recession” and the recent pandemic to bail out banks and other businesses, and were subsequently criticized quite harshly because of the massive taxpayers losses that those bailouts created. But as soon as the banking “crisis” from a couple weeks ago came along, people begged for governments to ride to the rescue with more bailouts.

#Bitcoin is money that allows us to protect our wealth from governments, corporations, and everyone else who wants to use our money to cover their losses. No other money in the world offers us that like #BTC does.

I released an article last week addressing how we pay for our governments’ losses, whether or not they admit it. Check it out for yourself:

https://hifibitcoin.substack.com/p/government-losses-are-always-borne-by-taxpayers