It’s not so much that I’m cheering on bank runs, it’s just that they were inevitable and we have a solution now so it begins when it begins. Natural law. I do pray for those impacted and hopefully they survive it without too much trauma. It’s on them tho.
Discussion
The fiat system has created a class of investors that don’t know what personal accountability really means. They’ve always been bailed out. Until now. “No one is free from the consequences of not adopting the harder money” -saifedean
We are still early enough to where they mostly probably view btc as largely a joke, not the solution to these major systemic problems. But price changes that. New demand is going to come from ppl that just realized their money in the bank isn’t as safe as they thought. Supply will continue to decrease and the halving will only ramp this up. Epic timeline. All these bank failures are free marketing for bitcoin. They were prob cheering on the crypto exchange failures too. Karma
Bring it on
