Amazing how people still believe that when they put their money in the bank, that it still belongs to them. It doesn't, once you pay it in, it is the property of the banks.
Swap any spare FIAT you have for Btc, you know it makes sense. Banks are cracking down on Venezulans and threatening to close accounts. We shall see more and more of this.
FIAT money held in a bank is nothing more than an IOU...
Well , it says "IOU" right on the bills.
"Federal Reserve Note".
The "note" portion of that refers to a "debt note" payable by the the US .gov, to the Federal Reserve, because each dollar we have is borrowed into existence, from the Federal Reserve - which is a bunch of private European mostly, bankers.