> I see this point of view a lot on Hacker News because it's dominated by people living in places like the US. Totally. And it's not just about "stable countri

> I see this point of view a lot on Hacker News because it's dominated by people living in places like the US. Totally. And it's not just about "stable countries". People in Cyprus (except the russians, who were warned a few days before and had the time to move their funds) saw the money on their bank account used to do bank bail-ins. Probably a test to see how the population would react when the same would happen EU wise (as bank bail-ins are now, by law, mandatory in the EU for failing banks). People in Spain were incentivized by the banks to put their savings into products yelding x% then the banks defaulted on the principal. That one's even more vicious than the Cyprus case. The FED and ECB printed trillions for years and year... But we're to believe that saving confiscated through inflations are due to only to supply chain issue and to the war that started in Ukraine. Yeah. Sell me a bridge too please. So far people in Spain and Cyprus who had put their money in BTC are still winning. Those who got their money confiscated by bail in and by bank-sold shady investments not so much. We'll see.