The #SVB collapse is not the first nor the last failure of the fractional reserve banking system.

Most think we pay banks a fee to store and secure our wealth.

The reality:

We pay them a fee and they keep a fraction of the deposits on hand and speculate with the rest in financial assets.

- If that gamble is successful we don't share the profits.

- If that gamble is unsuccessful we absorb the loss and they get bailed out.

Opt-out of a system filled in with political favouritism.

Opt-into a trustless apolitical system that has no counterparty risk.

#Bitcoin.