This is great progress, sometime in the 1930's some enterprisers convinced Congress to make an insurance fund for private bank users coupled with a variety of enforcement provisions to add confidence to the fiat depository system. Just a matter of time before we get crypto dumped on the public insurance fund too, all we have to do is want it and boom, another boomer argument obliterated!

Its always been a game of confidence. Some people see it and are inspired to put those building blocks in place, others just assume a system is fundamentally flawed and act shocked that it continues to grow and gain confidence.