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CAC 40 lost -3.61%. The stock market values of the banks are greatly reduced. Societe General -12%, BNP Paribas -9%, Crédit Agricole -5%, ...

European banks were living only thanks to 0% interest rates and continued bond bying by the commie ECB. The Fed is crushing their money printer on 20th of April when SOFR will be working by 100% and the Eurodollar market will be sucked dry. Say bye bye commie baby!

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Weimar Republic 2.0 is coming...

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If banks go down and the economy crumbles, wouldn't that reduce the price of BTC too?

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You can choose to store your life savings in:

  • a bank, but its half-life is 1 week
  • Bitcoin, no counterparty risk

Which would you choose?

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даже если он будет стоить 1 доллар это не мешает ему 10 минут блок.))))

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would you rather be able to use your sats/BTC without any restriction, or just be able to withdraw/use 200$/week at most?

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No :)

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Credit Suisse -16.73%

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Yes and some stock trading are suspended

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