Your city also has a giant bean for no obvious reason. I don't know how that plays in, but I'm sure that it's important.
But, but, but there's no such thing as a "moral hazard." That's conspiracy theory stuff... it's not like we've seen bad behavior over, and over, and over again... we've never seen banks get less and less responsible every single time they fail and get bailed out...
Wait...
I can't even pretend to be this stupid for long.
Sorry, not my best work.
That seems likely to me. Not guaranteed, but likely.
As the banking sector destabilizes there is likely to be a lot of panic within institutions regarding pretty much everything.
There's already a ton on Institutional fiat wrapped up in bitcoin. It's likely that we'll see some hard exists by institutions that aren't interested in the long term prospects of what bitcoin does. They are primarily interested in turning a buck. When they panic, they'll exit sell.
From my perspective, that's a good thing. If I'm right, there will be some cheap bitcoin for awhile.
Then, it's likely that we'll see tons of ghost flowing in as people are institutions alike try to protect themselves from a breaking, if not collapsing, system.
Mind you, I just buy regardless.
For me, predicting bitcoin is like predicting the weather. Sometimes I'm right. Sometimes I'm wrong. It doesn't matter either way. I'm going to live with it.
American Life Pro-TipsI should put a sling on my old A2 stock and use it as a tactical M&M dispenser. Ever since I made some modifications, it's just sitting around collecting dust
Can you imagine their conversation:
"Do we save the banks, drop the interest rates, print a few trillion, and force the people to starve? Or, do we keep the course, let the banks fail, and wipe out the nearly everything attached to the banking sector which will force the people to starve?"
It's kind of odd thinking about the fact that we are now living through the event that Bitcoin was created for. Sure, sure, Bitcoin was created for a lot of reasons because sound money fixes a great many problems and opens the door to fix our prevent a great many more. But, it looks a whole lot like the actual and necessary correction that was prevented in the '08 response is happening and is likely already past the point of "no return."
Do I believe that Bitcoin will do what's it's meant to do? Yes. Am I anxious about how this whole thing is going to fall out? Also, yes.
Just because I have prepared in a number of ways, doesn't mean the transition isn't going to bring some rough times. I mean, I don't know about you all. Some of you may be vampires or something (to be read as a joke), but I have never witnessed such a sea change event.
As a locksmith, I highly recommend he gets those sats locked behind his private key.
While it's unlikely, it's very possible.
I didn't have my own deck at that time, but I can relate to the sentiment.
Between Operation Chokepoint 2.0, a bank run, and bank collapses, we should get ready for normies to start asking us a lot of questions.
It's probably a good time make sure we're ready and able to give succinct but informative and truthful answers.
I know that many of us here have seen what Satoshi offered for what it is. But we can't expect people who believed in the system and who were treated well by the system to gravitate toward sound money the way so many of us did.
We need to be prepared to explain the realities that they're about to experience patiently and honestly.
You just did a huge service to your company. Good on you for that.
I think most of us know that there's a lot more of this kind of thing coming.
After all of these years I still struggle to explain to people who what to use BTC to "make money" that bitcoin is the money.
I was very lucky to see them while Jerry was still alive in '94. I was 15 and I just went with a friend of mine. Been a fan ever since.
I've come across tungsten gold articles for some years now. It's kind of sad but I can't help but laugh.