The problem with the fiat system is that it accelerates crisis more and more until it is not possible to continue anymore. It will worsen in the future, until a major crash will happen.
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Great chart. BTFP was a joke. Wait for the 2024-25 ones. Fewer and fewer real banks. Join the bank of Bitcoin!
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But now magically everything is fine, or so they think, like in the scary movies, the quieter the place, the worse the situation is.
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Banking is only great because it is readymade to failures, today or tomorrow.
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paper over :- to hide an unpleasant situation, especially a problem or disagreement, in order to make people believe that it does not exist or is not serious
I always find it fascinating how the words and phrases we use regularly have much deeper meaning. Almost as if the people who created them where trying to warn us.
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