π Get The Hottest Crypto Deals π http://www.coinbureau.com/deals
π² Insider Info in my Socials π https://guy.coinbureau.com/socials/
π My Merch Store πhttps://store.coinbureau.com
π₯ TOP Crypto TIPS In My Newsletter π https://guy.coinbureau.com/signup/
~~~~~
πΊEssential VideosπΊ
Silicon Valley Bank Collapse π https://youtu.be/jqW5euOCgYo
Jerome Powell Testimony π https://youtu.be/5AvpImhHpVk
Michael Barr Crypto Speech π https://youtu.be/50dhNP5ezzQ
Bank Bail Ins Explained π https://youtu.be/0Og5-OJ1x1s
ESG Origins And Impacts π https://youtu.be/zVxiFEzCp2U
Decentralization Analysis π https://youtu.be/9ybYhv_VFaE
~~~~~
βοΈ π Useful Links π βοΈ
βΊ Bank Run Study Full Text: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4387676
~~~~~
– TIMESTAMPS –
0:00 Intro
0:38 Why Are Banks At Risk?
4:39 Unrealized Losses, Uninsured Deposits
8:04 Bank Run Risks
11:13 How Many Banks Are At Risk?
14:31 How To Identify Bank Risk
17:57 Cryptocurrency vs. Banks
21:02 Outro
~~~~~
π Disclaimer π
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Bankrun #SVB #finance
26 Comments
Apparently the treasury held an "emergency" meeting on Friday? I wonder what they talked about? Don't forget to follow me on my other socials for the content that you are missing here π https://guy.coinbureau.com/socials/. You also have to check out my deals page which has all the best promos, discounts and bonuses in the crypto space π http://www.coinbureau.com/deals
Guy is just a dirty Trump lovin republican.
my guess is Wells Fargo or Bank of America. But really, who knows?
Iβm hedging my risk by paying off bad debt. Usually I donβt mind debt, but the way I see it, I canβt trust a bank to care for my cash. So I might as well use that cash to make me βmoreβ money while reducing my risk/ exposure to bad banking practices.
I might add some equity into my house too.
Best channel by far! I drive a big rig and listen to crypto channels all day every day and I have to say , your channel is the best hands down! I find it hard to understand why people watch crap like BitBoy or Bullrunners, itβs all junk . Keep up the good work !
BANKS… the greatest ponzi scheme, however it i could be an instrumental method to introduce CBDC,
I suspect Goldman to have a huge problem because they were such fan of China markets.
I've diversified my investments across scratch and win lotto tickets and powerball. My returns have been very poor, likely due to inflation.
Thanks Guy! But please consider to take a break and have some good rest π
U r cool, dude!
It's a glum-looking future financially, and I really do hope those pesky CBDC's flop.
wellsfargo
Is it just me or does Barr look like a vampire.. guy has some fangs.
Do we really trust these numbers from "The Authors"? Lets be honest – their job is to try and calm the masses from these bank runs! In 2008 we were told this could never happen again. Was this because of all the "regulation" they put into the banking system.
i love the cup there guy π
This may not be the place for this question a recent video had a chart of banks & their relative strengths. It showed blue vertical bars related to vulnerabilities. There was a dividing line & on the left side were the stronger banks & the weaker ones on the right side.
I've tried to find the video but haven't been able to. It was within the last 7 days. Can anyone point me to it?
Thanks.
I havenβt trusted the banks since I found out about fractional reserve and the looming CBDC. Now expect for a few $ for living expenses everything is in crypto. Thatβs the only place I trust
The sooner the better, change is needed and in this case fear and bank runs are the catalyst, thie will help people to get to know the crypto space in a new way!π
Same issue with celcius and stETH, insolvent is insolvent π
Did you hear the cracking sound in the last interest hike?π, such idiots and the sad part the avarage person doesn't realize it!!!π’
Time to create "FUD" in this case revealing the truth like guy is doing!!, tha k you, people must know their capital is not liquid, safe and not in their ownership while in the bank!
14:45 is the most important part.
PayPal currently has 5% on savings
Print more money is just papers anyhow π all of this is just a game
An illusion game by the 1% at the end, we leave and go home π and take nothing from earth π πΎ
All of them
If a big bank needs to go under, please god let it be Goldman. Just so Gary can see it.
If every citizen and business started banking and paying with truly decentralized crypto, then how would they be protected from foreign invasion considering their gov't could not tax and support a military defense, not to mention all the other societal services supported by taxes? We can argue about how poorly taxes are managed and spent, but how well would individualism work without any form of collective, societal cooperation?
Financial freedom
Who'd have thunk repealing regulation specifically designed to ensure the integrity of the banking system (Glass, Steagall) would lead to vulnerability that could threaten the whole system. π€
Play stoopid games, win stoopid prizes.
The banks have eyes bigger than their belly. Unfortunately when they eat something bad, we get sick and then have to clean up the mess.