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by COINS NEWS 106 Views

So with the news of more banks in trouble, I'm seeing a whole lot of smugness on this sub.

I think we're forgetting how tremendously difficult the average person's life is gonna get if more of these dominoes start to fall.

Yes, crypto is a great hedge against inflation.

Yes, the decentralized nature of crypto is the perfect remedy against what we're seeing play out.

Yes, there'll be big influx of new investors in this space and this could be a catalyst for greater adoption.

But the ramifications of all these banks collapsing is lost on us, I feel. And even more so on the Average Joe and their families not in crypto. Hardworking individuals, living paycheck to paycheck in an already hellish, toxic working environment.

We need to be better than this or we're no better than those bwankers popping champagne bottles off balconies in '08.

submitted by /u/Abysskitten
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