Quote from: Bad Uncle on November 14, 2014, 05:16:58 PM

Quote from: femmecoins on November 13, 2014, 06:16:44 PM

Where are the fiat bag holders going to go to prempt inevitable future troubles?

What does this mean to bitcoin medium-longterm?

The thing is, the masses wont realise until its too late. They'll only complain when they go to their bank and they can't withdraw any money out. I'm sure this will happen within our lifetime.

If there is another big crash like the last one then we might see a shit load of banks going bankrupt. Satoshi left this message about the last crash in the first bitcoin block.

"03 Jan 2009 - Chancellor on Brink of Second Bailout for Banks".

https://blockchain.info/tx/4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b?show_adv=true