Every country is facing the same problems as Lebanon. sovereign debt crises around the world where everyone is debasing their currencies at a record pace. Bitcoin is like insurance on this happening.
Discussion
Tom, dick, and Harry will be the ones crying about how it’s not fair that they can’t get “their” money out of the bank. Only learn the hard way. You can lead a horse to water, but not make it drink. They will have to learn what being a depositor at a bank acutely means. Similar to the noobs that got rekt on all these rehypothicated exchanges last year thinking that self custody was not serious lol. Pain is good. Ppl learn from it
It’s survival of the fittest on steroids post covid
Ftx’s meltdown taught ppl a lesson on self custody more than any podcast could lol
Besides degens getting rekt recently … nothing has changed in bitcoins use case. It’s clearer than ever. A lot more smart ppl have entered recently. The adults too
Ppls legacies are on the line. It’s that big. It’s like ppl thinking the internet is a fad and no more important than a fax machine. At that level it is all about legacy
