wealththeory on Nostr: Regional bank runs are happening as depositors pull funds to mega banks that are ...
Regional bank runs are happening as depositors pull funds to mega banks that are guaranteed by the Fed as too big to fail.
What happens when mega bank runs go to self custodied Bitcoin?
The money printer gets stuck on to keep remaining depositors whole. Fiat death spiral.
Published at
2023-03-17 12:31:24Event JSON
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"content": "Regional bank runs are happening as depositors pull funds to mega banks that are guaranteed by the Fed as too big to fail.\n\nWhat happens when mega bank runs go to self custodied Bitcoin?\n\nThe money printer gets stuck on to keep remaining depositors whole. Fiat death spiral.",
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