Many members of the crypto community, who over the long months of the crypto winter have already ceased to hope for significant growth, cryptans joke, watched the update of bitcoin local highs with something like this:
Cryptocurrency began to rise against the backdrop of news about the launch of a multibillion-dollar government bailout program in the United States against the backdrop of a series of bankruptcies in the banking sector. Members of the crypto community decided that the desire to support supervised organizations would force the Fed to turn on the “printing press”. We are talking about the transition to a policy of quantitative easing, which implies printing, followed by the infusion into the market, of new portions of money.
Kryptans ridiculed the news with a meme based on the popular phrase from the Game of Thrones series – “winter is coming”. In the version with the head of the Fed, Jerome Powell, “winter” was replaced by the process of “printing [денег]».
There were jokes about the collapse of Silicon Valley Bank and other banks, against which the crypto market felt a significant increase in investor interest.
“Bitcoin vs banking system”.
Cryptons also took the opportunity to poke fun at US President Joe Biden’s speech in which he reassured Americans of the safety of their bank deposits.
“And then I’m like, ‘your money that’s in the bank is safe’.”
Also, members of the crypto community did not forget about the head of the US Securities and Exchange Commission (SEC) Gary Gensler, who has been “nightmare” in the crypto industry for several months. Recall that before the incumbent head of the regulator took office, many knew him as an active crypto enthusiast who was extremely interested in developing the digital asset market. Since taking the position, Gensler’s attitude towards crypto has obviously changed somewhat. He began to actively regulate the industry. Many cryptors believe that Gensler’s approach does not help the market, but rather stifles it.
«…
You’re here to protect investors, aren’t you, Gary?
…
Yes, Gary?
For more crypto memes, follow the link.
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