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How Do We Build a Better Crypto Marketplace? | Omid Malekan (Part 2)
The James Altucher Show
Cryptocurrency and the Great Recession
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Every bank is essentially a scam. The only reason the Great Recession stopped, and this is really the topic for another podcast, is that for a while they changed the law so that banks have to accurately mark their assets at their real value. So it's the FASB 157. And then since then we've had a loose count, right? Like I remember, even before COVID, in 2018, like the Fed was raising interest rates and then they abruptly stopped and started cutting interest rates. There was something about like market problems happening. But one of the nice things about crypto, despite, you know, people hear about the negative headlines and the crises and the chaos,. But one of
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