Is your money safe? – the collapse of SVB and Silvergate
In my opinion the United States banking system is showing great weakness. This weeks collapse of two large banks demonstrates this. These banks collapsed for different reasons but both demonstrate the inherent risks of a fractional reserve banking system.What is going on? What does it mean for you? Is this going to affect the economy or you?
Let’s dive in..
News and Links
March 12th 2023 Weekly Close (USD)
BTC – 22,163.95
Bitcoin Block at time of recording:
I can be reached by email at email@example.com and on Twitter at @McIntoshFinTech. My mastodon handle is @firstname.lastname@example.org. Looking forward to hearing from you!
Rock Guitar Intro 07 by TaigaSoundProd
Funky Life by WinnieTheMoog
Hey, sat stackers. It’s January the 30th. This is episode 93 of Generational Wealth of Cryptocurrency. I’m your host, McIntosh. Today’s episode is about the bitcoin halving.