What it’s like when the banks collapse: Iceland 2008 firsthand

Many Bitcoiners look guardant to the time successful the aboriginal erstwhile the banking strategy collapses and hyper-Bitcoinization occurs.

But Jared Bibler — an American who experienced the astir melodramatic banking and stock marketplace illness successful surviving representation successful Iceland successful 2008 — says the world is thing nary 1 would ever privation to experience.

“It’s a heavy nausea successful the pit of your tummy that does not spell distant implicit galore months, that feeling of ill-being persists,” helium says. “Because it doesn’t hap each successful 1 day. ...