Are people realizing Bitcoin is safer than banks?

This year is giving many people PTSD (Post traumatic stress disorder) from 2008.

This year 5 major global banks have been insolvent needing government bailouts and bailouts from competing banks.

Each bank has its own insolvency from different methods.

SVB (Silicone Valley bank) was a "woke" bank that helped venture capitalists and startups mainly from Silicone Valley have a financial rendezvous. After years the deposits exponentially grew to the point where they held $200 billion, most growth was between 2019~2021.

They bought MBS (Mortgage based securities) and treasury bonds at 1.5% interest.

The FEDERAL RESERVE increased bonds to 5% making their 1.5% bonds undesirable.

Many bank account holders were withdrawing and this caused panic.

SVB had to liquidate funds at a loss.

Silvergate bank was another "woke" bank. They allowed for cryptocurrency companies to deposit and withdraw. Also they gave loans where crypto was held as collateral. When btc dropped by -78% their books were in blood red. Mass withdrawals took place, along with ftx crash.

First republic bank was the next bank this week to go Insolvent. The bank had to be bailed out by competition. It was the 16th largest bank in the USA.

These three major banks were all in USA. The run on banks crossed the Atlantic ocean on to Europe.

Credit suisse had to be acquired by UBS after 167 years of operations.

Credit suisse sold 10% of their company to Saudi Arabian bank for $1.5 billion.

UBS bought it for $3 billion which means KSA bank has a -90% loss on their 10% stake of Credit suisse.

USA banks are offered bailout by FEDERAL RESERVE and account holders will get up to $250,000 reimbursement per account. Meanwhile aroblox lost $500,000,000, many others well over $30,000,000.

These events all happened in a week.

Meanwhile Bitcoin went as high as $28,000 from $20,000.

Charity begins in mi casa!
Donations of all cryptos always accepted ask me for my address for any other crypto I will peovide:

Bitcoin

bc1qytflk8gz5umluhxhf5pfq7q5qcym3unja3d9hq

Ethereum

0x42c11F246d443af5C1A9aFD856382aEF32439886

Litecoin

ltc1qh80nalyrunyvrsvw6mpe2tzn4pt0s4lycprewy