Bitcoin's volatility is a feature not a bug
One of the best explanations for what we just witnesses I have ever seen
No one gets bailed out with bitcoin.
It is what it is:
(Source: https://twitter.com/CaitlinLong_/status/1467150669589069829)
This is why bitcoin isn't systemically risky, at least not in the way that many banks and institutions are.
Upvoted! Thank you for supporting witness @jswit.