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96. LIFE | Is Elon Hurting Tesla, Is Robot Sex Cheating, Women & True Crime, Is the Metaverse BS, Do We Have Free Will, & More

Alfalfa Podcast

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Is This Bankruptcy Law?

Binance's bonds are underwater, but that doesn't mean the company is insolvent. Why can't a company pay back its debt? Well, it has issues with cash flow. If you have your money at a bank and they go through bankruptcy, you don't just get 100% of your money back. It becomes like a claim against two things I want to say.

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