Poor risk management fucked them. And now govt bail outs are fucking future generations with debt burden by socializing the losses onto our kids and grandkids.
Bank bailouts are financial socialism at its worst. Bitcoin was created specifically due to how much of a shit show modern fractional reserve banking is.
Fuck those bankers and fuck the govt weasels that bail them out. You make bad decisions, you should pay for it. Not someone else.
/rant
AVERAGE_GARY
npub160…zyjc9
2023-03-13 23:08:09
Author Public Key
npub160t5zfxalddaccdc7xx30sentwa5lrr3rq4rtm38x99ynf8t0vwsvzyjc9Published at
2023-03-13 23:08:09Event JSON
{
"id": "49baa42906aba60e13118ec9a25601bf3c0b00f4e442f4cc36a41583ef3607e1",
"pubkey": "d3d74124ddfb5bdc61b8f18d17c3335bbb4f8c71182a35ee27314a49a4eb7b1d",
"created_at": 1678748889,
"kind": 1,
"tags": [],
"content": "Poor risk management fucked them. And now govt bail outs are fucking future generations with debt burden by socializing the losses onto our kids and grandkids. \n\nBank bailouts are financial socialism at its worst. Bitcoin was created specifically due to how much of a shit show modern fractional reserve banking is. \n\nFuck those bankers and fuck the govt weasels that bail them out. You make bad decisions, you should pay for it. Not someone else. \n/rant",
"sig": "9c6dbdbf1a354bfaa161d73d3fb417cacc820b2678885d55692908d707c6fed3dab703fd6a92f4694602d6335b87b80e30e21438a72d77812c10165c58fbd9b4"
}