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by RurouniK 1952 days ago
Wait until you find out what happens when people try to take out their money all at once from banks... I remember back in the day when people used to call early internet users internetfreaks and zealots. Now it's the same with Bitcoin. Whatever...
1 comments

Yes, we all remember well what happened e.g. with Mt Gox.

Not sure what your point here is - as if panic and runs on the banks were somehow magically prevented by crypto.

And the hilarious part is, we actually have regulations like capital requirements and FDIC insurance and central bank lenders-of-last-resort to prevent bank runs? Whereas crypto has... none of that? And unaudited Tether pumping >$1B into the crypto ecosystem every week