3min chapter

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#1176 Balaji Srinivasan On Bitcoin & The Stealth Banking Crisis

The Pomp Podcast

CHAPTER

The Digital Age Bank Run

The digital age bank runs are very fast. Once people hear that something's possibly unsolved, they all just go and pull their money out. You can literally open a new tab, press a couple buttons, and move your money. The speed of action matches the speed of information,. That's really what's driving a lot of these problems.

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