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Episode 99 - Is Your Money Safe? The collapse of SVB and Silvergate
Description
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
Missouri Bill to Protect Bitcoin Mining
Wyoming Passes Bill to Prevent Forced Disclosure of Private Keys
US Government Selling Bitcoin?
Block Height at time of recording: 780,574
Podcasting 2.0 Apps Available at http://newpodcastapps.com/ and Value4Value information page available here: https://value4value.info/
I can be reached by email at mcintosh@gen-btc.com and on twitter at @McIntoshFinTech. My mastodon handle is @mcintosh@podcastindex.social. I'm also on matrix at @mcintosh1775:matrix.org. Looking forward to hearing from you!
Website
Music Credits
Protofunk by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license
The following music was used for this media project:
Music: Ethernight Club by Kevin MacLeod
Free download: https://filmmusic.io/song/7612-ethernight-club
License (CC BY 4.0): https://filmmusic.io/standard-license
Artist website: https://incompetech.com