It's worth noting there are different tiers of banksters here. The size class of jp morgan, goldman, wells fargo etc will be put to the chopping block by crypto. But something worth looking at is how bitcoin helps the upper banksters- the fed and other central banks. Bitcoin, when you think about it, is the perfect solution to the trillions of dollars they print willy nilly. With a new asset class, those dollars have somewhere to go- other than into rising prices for stables such as food and gas.

Three things to ask- qui bono- who profits, who loses, and what function is being served.

Good post.