Hello you beautiful coiners,
I'm just a portuguese dude working in Switzerland, in a restaurant, and I can tell you: Credit Suisse fiasco is making many people here realizing there's a better option out there for their money than banks.
The last couple days i've been hearing people moaning about what happened to Credit Suisse, and many are angry because had stock from that bank that now lost a lot of value, without shareholders having a word on it, in a merge made in time record (2 days).
Don't get me wrong, not all clients to whom I speak are interested in Bitcoin, but I noticed some change. After some months speaking to clients, you gain some confidence, and a few that used to call me crazy for dca in bitcoin are now interested in what i've to say. CDS in UBS, who bought Credit Suisse, are through the roof, Deutsche Bank stock is plummeting and swiss people know how much their government is giving out to try to stop the bleed (about a third of Switzerland GDP). Swiss people have a high average of financial literacy, compared to other countries, and now they're oppening the eyes to the fact that the banking system, wich they were very proud of for decades, is not what it seems.
If we add to this Lugano, a swiss region who wants to become one of the main spots in crypto, we've all the ingredients for some change.
I'm just a dude who went to work abroad in order to have more fiat to buy bitcoin. And I speak only from my experience serving swiss people in a restaurant. At the end, it's a trust me bro story.
With this said, the anger and confusion many swiss people are having right now could be the example of what is about to come, because I wouldn't bet Credit Suisse will be the last bank to fall this year.
Bitcoin can't default. And that's why it's innevitable.
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