In the game of Chess there is a strategy called a "sacrifice". Theoretically, you tempt your opponent to make a fatal move by offering them a valuable piece. There's nothing more disappointing in the game, including loosing, than making a sacrifice and failing to make the gain for which you had hoped.

Somewhere, I suspect some in the ruling class are suffering in the same way over these banks. They might have been an acceptable losses had they managed to destroyed Bitcoin.

Instead, they've dramatically demonstrated it's strength.

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The only thing they can do is print a lot of money now and start buying bitcoin off the market...

that will create a lot of volatility. They don't have any other way...

unfortunately time is not on their side...

That's acceptable.

Printing more money drives down the value of the USD, and consequently drives up the value of assets like Bitcoin.

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