
Bitcoin, Binance, and The Banking Crisis w/ Dylan LeClair
Bitcoin Magazine Podcast
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The Importance of Deposit Flight in Banking
I do not want the US financial system to fail. 100%. I want a going concern US financial system. It's not my goal to bring it down overnight. My goal is just to say, banks stocks are overvalued. If you have exposure to bank stocks, they can definitely get bailed out. But it doesn't mean the stock of the bank is worth anything more than some sort of rounding error like the CSFB or excuse me, credit sweet bail out which happened at a $3 billion market cap. That has always been a risk in banking. What if credit comes up now and is the second phase of this crisis? And then people say, holy shit. Now they're under
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