Wow. What a mess they made of things. Everything paper no longer impacts me (except positively) due to the fact that I went cashless 2 years ago. No more banks! They can all slide slowly to the bottom of the ocean for all I care.
Here is what IS relevant. When Cypress fell, bitcoin quintupled. There is no room in bitcoin for all who will suddenly want out of paper when country after country realizes the house of cards is falling. The bitcoin network is slowing significantly. I notice it a lot as I am constantly trading - repeat. I don't hold paper cash!
Recently I dumped 20% of my btc, changing it over to steem, SBD, dash, gold, silver and supplies. I desperately want to hold my btc for the great inflow of buyers (at any price) that is coming. But when the network forces wait times of 2 and 3 hours, or just fails to confirm transactions, I don't want to have bitcoins alone.
RE: Are we being herded like sheep to the slaughter?