If banking wasn't a con game it wouldn't need the confidence of it's victims.

If a bridge collapses, do you blame the pedestrians for not having enough confidence in the bridge? What about a bank collapsing? The only reason you could think banks are different is that you dont understand banks or banking.

We seem to be willing and happy to hand over our responsibility and accountability to psychopaths that lie to us and tell us they can fix things only to turn around and blame us or each other when they don't. In short, are you surprised government bails out banks for making too many losing trades?

We are all very frustrated right now with the vast majority of people not caring or even knowing they should care about sound money. I believe that is going to turn around pretty rapidly over the next year or two. People are going to panic and they simply will not have the time to put hundreds or thousands of hours into learning about #Bitcoin   . They will however have the need for bitcoin and want the piece of mind and reassurance about it to feel like their money is safe. They will look to you immediately, the one who has been the signal while they have been ignoring it. It’s time to be ready as the educator and facilitator for them to make that transition. Other than saving ourselves first, that, I believe, is our most important purpose from here on out. Our families and friends will soon be looking to us and there just Isn’t that many of us, to be quite honest, who truly get this revolution. There is a reason bitcoin draws us in so deeply, not just because it’s fascinating in every way, but because the network needs leaders to onboard the masses so they can start their own journey of self discovery. We have been preparing for years, frustrated greatly, but I believe the flood gates are about to open with the full force of 8 billion people, their curiosity and their economic energy. Be ready to help as many people as you can. I will be ready with open arms. John W Creasy

The most valuable asset on earth is time, and it can only be stored in #bitcoin   .

Consider whether Switzerland, a developed global economy of some $800 billion GDP, has greater financial stability or less given the merger resulting in only ONE remaining large bank in the country? Next crisis will be nationalization. The same concentration is coming to the US.

"The SNB forced bailout for Credit Suisse has NOT solved any systemic CREDIT risk. It just transferred risk from a terminally ill patient $CS to a patient that is in the ICU $UBS This was largely an INTEREST RATE RISK event. It will morph into a CREDIT RISK event as the economy slows and credit reprices. The banks are woefully undercapitalized for this one-two punch. We are just entering the first innings of the banking crisis imo, as depositors and bank shareholders realize that 20X leverage to equity capital base is very risky. But that’s banking… Most bankers don’t have a handle on their true economic risk profiles. Forty years of declining interest rates have lead to horrible risk management practices. The capital destruction in bank stocks is due to a reversal in interest rates. Just wait until the credit contagion adds to these losses because credit quality of the loan book declines meaningfully. Houston, we have a problem. The Fiat ponzi is built on sand. #bitcoin   ." Greg Foss

End the Fed

Bitcoin is a stablecoin. Its protocol and monetary policy is stable. The price fluctuating represents the ebbs and flows of the world finding Bitcoin's value

You can't taper a ponzi. Do you honestly think that this could happen in a free market?

"The US Dollar has lost 99.88% vs Bitcoin ove the last 10 years." M Saylor

Confirmation Bias in full effect...

X (formerly Twitter)

Gabor Gurbacs (@gaborgurbacs) on X

I am old enough to remember when the Credit Suisse CEO said #Bitcoin is a bubble. Bitcoin was $7,000 then. Bitcoin is now $28,000. Meanwhile, Credi...

SPOILER ALERT You can't taper a ponzi. The more money that the state prints, the weaker the state gets. This causes them to scale up the manipulation in order to keep the system running. Time to start your escape..... plan #Bitcoin

I just got my grade 11 math. I've been making calculations all weekend. And I've concluded 1 #Bitcoin = 1 #Bitcoin

"Pssst: Your bank stocks are about 4X overvalued. #bitcoin    is about 40X undervalued. Bingo!"-Greg Foss

It’s all a bailout You can’t “backstop” a bank with imaginary money.

We are facing a systemic banking crisis. But it's not all bad. Here is where you can find hope in the chaos: We're all well accustomed to the fed starting fires and putting them out; Widespread bank failures so far; • Silvergate Bank • Silicon Valley Bank • Signature Bak • Credit Suisse • First Republic Bank Banks make risky moves with your cash so they can profit. Making the money, you deposit into the bank a risk asset. They risk your cash for their gain. Banking Crisis Created by The Fed The Federal Reserve was so worried about inflation that it wanted to slow the economy. They did this by removing liquidity from the economy by raising interest rates. The Fed raised rates too quickly, which led to the banking crisis. The Fed "Saves the Day" This week, The Fed injected billions of dollars into the banks. This is an issue because they have yet to win the fight against inflation. So now the Fed is fighting a systemic banking crisis with sticky inflation. Creating a lose-lose situation Forever State of Inflation The Fed is protecting against bank failure. So, we need to get used to a system of inflation. Pandora’s inflation box has been opened and won’t go back in. The issue is only some understand inflation and investing. Creating a widened wealth gap. #Bitcoin is Thriving #Bitcoin is up 65.97% YTD, with 35.29% coming after the bank failures started. Many think #Bitcoin is a risk asset, but they are again being proved wrong.

REMINDER Inflation works because people don't seem to mind having their money stolen in slow motion.