Bankers Go On Strike Following Bitcoin Hitting ATH, "They're Taking Our Jobs"

Bankers Go On Strike Following Bitcoin Hitting ATH, "They're Taking Our Jobs"

In something reminiscent of a South Park episode Jamie Dimon announced that him and a series of banking executives would be going on strike to protest Bitcoin threatening their jobs. The banking cartel appears to see their actions similar to those of Midas Mulligan in Atlas Shrugged. In reality, the economy will likely benefit from less seigniorage and inflation.

The bankers are concerned about a growing movement within communities of people who utilize Bitcoin as money. The theme is, "Unbanking the banked." This movement includes closing bank accounts, defaulting on credit cards, and seeking to primarily transact with Bitcoin. They are concerned that with the price of Bitcoin rising, the movement would grow to a point where it could threaten the stability of the entire banking system which is operating despite being functionally insolvent.

Their insolvency coupled with predatory lending practices appear to be making an incredible storm in the banking world. That coupled with the manufacturers of the 2008 financial crisis, quickly becoming some of the largest owners of Bitcoin in the world, shows that individuals are concerned about leaving their assets with the institutions that happily banked Jeffrey Epstein.

Elizabeth Warren supported the strikers by saying, "Bankers need to unionize and stand their ground. We won't let the shadowy super coders take the bankers job which would mean taking my job because they are my biggest donors!"

It is looking that at this moment, Bitcoin is seriously threatening the financial order and the bankers will just have to cry harder.

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