Why Bank Failures and Inflation Are Driving the Shift to Bitcoin Adoption

Jay Rusk
Land On Top
Published in
2 min readOct 7, 2023

Banks crashing. Savings evaporating. Global economy on the brink.
While the financial system crumbles, one radical innovation could rise from the ashes to empower people worldwide — Bitcoin.

This decentralized digital currency is our hedge against inflation and shield when banks fail. Its scarcity protects savings as central banks destroy fiat value.

Bitcoin can’t be hacked, censored, or manipulated. No government or institution controls it.

While far from perfect, Bitcoin demonstrates inspiring possibilities — a scarce digital asset independent from governing institutions and legacy financial rails. An open system, resistant to inflation, that cannot be censored or shut down.

Bitcoin’s fixed supply cap makes it resistant to inflation. No central bank can arbitrarily mint more. This preserves purchasing power and provides an inflation hedge — an extremely desirable attribute.

And that solves a problem we are seeing here in the United States — INFLATION

Our government and the Fed continue to print money, with no regards to budgets or deficits, we print money to fund anything we want.

But you can’t do that forever, just look at what happened to Venezuela or Zimbabwe where hyperinflation renders currencies worthless.

There is a cost to endless printing, and we the people are seeing it & feeling it in our wallets when we go to Walmart, Target, or try to fill up at the gas station.

Cracks are starting to show in our banking systems and this is where Bitcoin could become a safe haven.

It provides financial freedom to all — Decentralized

The world’s new currency is not a matter of if, but when. Whether it is a #CDBC, #Bitcoin, or another currency. A shift is coming & I’m betting on Bitcoin to lead the way.

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