The bottom line is people do not want to "loan the bank their money"

People want a "digital safe" that they can hoard all of their wealth and transfer it to others with the swipe of a card or push of a button.

Banks pretend to be this service but in times of crisis like these, the man behind the curtain is revealed and the public learns again that banks are not keeping your money in a safe and they are lending it out.

The marker really wants something that is like Bitcoin - digital, bearer, and easily transferrable but ultimately they want the value to be stable against the dollar.

It sounds like the normie public kind of wants a CBDC-like product unfortunately.