Replies to post #41129 on Bitcoin (BTCUSD)

[ATDS FB CULT]

If roll out also means mass adaption then the planned implosion will happen in that time frame. Possibly

[GOLDBUFFALO]

When the banks collapse, the feds will hide. There is no money to insure the deposits. That is all a damn lie from the US government

THERE IS ONLY $225 billion at FDIC against the backdrop of $22 TRILLION dollars in the banking system! $100 Billion of the FDIC balance sheet is a line of CREDIT! lol ... what a shit show this is going to be

This is the reason Satoshi developed BTC

“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible…
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless.”

https://ih.advfn.com/stock-market/COIN/BTCUSD/crypto-news/90479999/22-trillion-in-us-banking-system-backed-by-just

[DarthYoda]

https://www.youtube.com/shorts/hspl5etKNaI