A Real-Time History of the Crypto Banking Crisis, With Austin Campbell
The Breakdown
00:00
Are You Taking Your Money Out When There's a Bank Run?
It's like the prisoners dilemma wasn't even a dilemma. It was so clear that there wasn't an option. There's no upside point in leaving your money in a bank when there's a deposit run. You're not like an equity holder where you're going to get returns on the back end. So it makes it very trivial to make the decision to play defense to take your money out exactly.
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Transcript
