Unlimited Hangout with Whitney Webb cover image

Crypto & the SVB Banking Crisis with Marty Bent & Michael Krieger

Unlimited Hangout with Whitney Webb

CHAPTER

How to Navigate the Banking System

The banking system, the way it's erected fractional reserve banking and money printing at the Federal Reserve is doomed for failure. I would only keep as much money in the bank as you're willing to lose. Me personally, I hold most of my savings in Bitcoin and not in the banking system. That's what I recommend in terms of an alternative to the big banks. they're systemically important. They're the only ones that will get bailed out every time a crisis arises. Maybe a small community bank, but as we're seeing with this regional banking crisis playing out right now, maybe they're not even safe.

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