More than 90% of the people in the USA would most likely never buy/adopt Bitcoin.
Never is strong word. Even after the Fed print another $10 trillion, $50 trillion, $100 trillion? What about when inflation hits 30%, 50%, 100%+? What about a loaf of bread costs $50? This is what is happening in countries like Venezuela. The US is not immune to such things, especially when the Fed continues to print money with abandon. Everyone will reach breaking point eventually when they lose faith in fiat.As much as some are surprised that the US government stood behind all deposits in all banks as a guarantee, I wonder if they had any other choice at all?
FDIC insurance has $128 billion in assets. The deposits less than $250,000 that they insure total $23.7 trillion. This means that 99.5% of deposits are uncovered. What happens when a couple more banks go under and the FDIC can't cover them? You guessed it! Money printer goes brrrrr!Next on the list of banks needing a bailout:
