When you explain to your grandchildren what a bank actually was, they will ask why people willingly deposited money with them and how it was even legal.
The truth is the 'cute games' FTX played with customer deposits are not unlike the games that respected banks play.
2073, North American Citadel Aging Facility
Play that song I loved as a younger man.
Be your own bank. Even when it comes to the fiat you need for fiat reasons.
Your friends and family may approach you in the coming hours and days and inquire about the bitcoin process. People are scared, be kind and patient with them.
Where the hell are the leaders and experts during this time of crisis? Are youtubers the only ones willing to go live and break this down for the public? Disgraceful.
Before these banks started collapsing, did you get any warnings from any users on Damus? Just curious. ☺️
How long before Youtube starts putting misinformation disclaimers on videos providing context that banks are actually safe.
Banks are like tinkerbell, they only exist if people believe.
Some kid in North American Citadel 2063:
My granddad participated in the blocksize conflict. He didn't talk much about it. After he passed, my parents tasked me with cleaning out his attic. There was a trunk that had a ledger and a note in it. It said 'for little Max Saylor Smith when he is old enough. The pin is weed smoking time then the number that is also an uncomfortable but somehow celebrated sex position.'
Thanks granddad. I will never forget this moment.
What is a good age to have 'the talk' with your kids about banks?
And also with you
Bundle up in jeans, a beanie and a sweatshirt, grab one of your cigars, go outside tonight while everyone else is preoccupied with sleep or work and smoke a cigar and listen to a playlist of radiohead covers. All is right in the world. For at least half an hour. pv 🤙
The evil people in positions of power in various highly regarded organizations are going to be more and more blatant in their intentions as time marches on.
A millennial swarm can be 460 square miles in size and can send 423 million sats to cold storage in a single day.
Sub $20k DCA. I am not laughing now but I will be when I tell my grandkids.
Just a random photo and comment. Just curious about peoples experiences.