Post
Topic
Board Altcoin Discussion
Re: Banks are collapsing. Will Bitcoin and other cryptocurrencies rise from here??
by
Weawant
on 04/04/2023, 12:30:11 UTC
Recently bank like Credit Suisse and Silicon Valley bank are collapsing. People are switching their money to bitcoin. Is it the sign that more people are no longer trusting the bank and are moving toward to decentralized world?

People are not moving towards the decentralized world instead they're moving to what'll profit them more because Bitcoin has a good record of giving its investors profit so that's why it's attracting investors.

The world isn't really for full decentralization yet and that's why the government are fighting the market because they can't control it. If we were moving towards a decentralized world then the metaverse won't have died.

Soon when another banks get launched, you'll see this investors going back to invest with the banks because they'll promised a more stable platform then what the other banks were and people will still believe them which is just how the world works.