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Bitcoin experienced several Lehman moments with the bankruptcy of the crypto lending platforms. Can anyone imagine how big the clamor in the tradfi would have been had all the affected major banks and insurance companies not been rescued with gigantic aid packages, bailouts and bailins after the Lehman bankruptcy?
The fact that trillions of dollars were raised worldwide to stabilize the traditional banking systems, recapitalize them and get the whole fiat-credit flywheel going again is basically a scandal.
And what questionable role has the media played again? In this re-teaching spectacle, they fulfill the task of wringing the necessary financial resources from the taxpayer through fear campaigns.