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Bitcoin was speculative and volatile yet US banks hold $600 billion in unrealised losses because of bonds. I have fiat friends waking up and asking me about bitcoin for the first time! I feel “normal” people around me are beginning to doubt the narrative. Anyone else have this happen around friends?

Bitcoin was speculative and volatile yet US banks hold $600 billion in unrealised losses because of bonds. I have fiat friends waking up and asking me about bitcoin for the first time! I feel "normal" people around me are beginning to doubt the narrative. Anyone else have this happen around friends?

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Bitcoin was speculative and volatile yet US banks hold $600 billion in unrealised losses because of bonds. I have fiat friends waking up and asking me about bitcoin for the first time! I feel “normal” people around me are beginning to doubt the narrative. Anyone else have this happen around friends?

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Written by BTC India

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  1. Not mutch chatter however its worth noting most my friends are not high earners so despite serious inflation, most of their accounts only have a few months wages in them at best and so no spare cash to invest into btc. Also there is no perceived urgency as it is believed they are well within the insured limit.

    Ps. For this reason, I think they will be the last to adopt and so be worst hit by hyper inflation caused by all out bank run.

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This is the part of human history where every financial institution and every multi-national corporation on earth from Dublin to Dubai realises they need to get off zero.