Iceland 2008 firsthand – Cointelegraph Magazine

[ad_1] Many Bitcoiners look forward to the day in the future when the banking system collapses and hyper-Bitcoinization occurs. But Jared Bibler — an American who experienced the most dramatic banking and share market collapse in living memory in Iceland in 2008 — says the reality is something no one would ever want to experience. “It’s a deep nausea in the pit of your stomach that does not go away over many months, that feeling of ill-being persists,” he says. “Because it doesn’t happen all in one day. It happens…

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