A credit default swap or CDS is an insurance instrument that institutions use when they own a bond issued by an issuer like a corporate or government bond. They can buy insurance against that bond failing (issuer defaulting). For institutions and investors, Bitcoin can and should be their CDS on the Fed failing.

Bitcoin protects your wealth from debasement and it protects you like a CDS on the government.

Bitcoin is your insurance policy against the government’s entire monetary policy and its “scam token” (aka the dollar).