Blue Collar Bitcoin cover image

Basics_02: Monetary History & The Rise of Bitcoin

Blue Collar Bitcoin

00:00

FDIC Insurance

When it comes to bank runs, at least when it comes to dollars, we've got FDIC insurance. In terms of their reserves for backing the $9 trillion of custom deposits,. they have $125 billion, which is 1.3%. So to see a major bank run, it's not going to go very far.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app