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It seems like it was just yesterday, when all was well in the world of bankers and we were witnessing the biggest coordinated attack on crypto ever.
CEO’s and managers of the banks were taking huge bonuses and laughing while they drive home in their Porsches.
“The attack on crypto is working they said, to their other billionaire friends. Soon crypto will collapse and everyone will move back to fiat”
Turns out, they were wrong and the opposite happened. All of the crypto FUD took our eyes off of what was actually happening at these banks. They were in trouble, big trouble.
The banks were failing fast due to the quick FED increases and bad investment decisions on the banks part.
It only took one weekend for a 300 billion dollar bank to fail, two other banks failed as well.
People started panicking. All Of Reddit claimed things would get worse. Much worse!
The government came to the rescue once again. There was no way they were letting their billionaire buddies lose a bunch of their money.
Biden said “Not on my watch!”
They decided to bail out these banks and provide unlimited liquidity to this fragile system.
Solidifying that crypto is indeed the better option.
Crypto might not have been backed one to one in the past, and still might not be, but neither are banks.
The masses realized that crypto can actually be trusted, and banks can’t be. The attack on crypto failed and once again all was well in the world of crypto. Bitcoin moved 22% the day after the bail out was announced.
They attacked us, humiliated us, but we came back stronger. We always will come back stronger. Crypto is the future and banks are not.
Mass FOMO is coming, with the economy continuing to go to shit, the regulators constantly failing to do their job to protect us, and the banks showing their true colours. One of the biggest crypto bull runs in history is coming.
Bitcoin will continue to be a safe haven for investor money and institutional money.
We are not going anywhere!
Load up those bags. I’ll see you on the moon.
Just wait till they see the value of moons.
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- 1 year ago
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