Banking Crisis & Crypto Adoption | Macro Monday With Dave Weisberger & Mike McGlone
The Wolf Of All Streets
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The US Bankruptcy Crisis
I think that the smart people in the government understand full well that they're going to need to backstop deposits completely. The question is, what do they do after that? I mean, do we now have a nationalized banking system? What does that mean? You got it. But the other point is when you go outside the United States, you have a very different conversation. In Argentina of all places, right, where the government is trying to ban Bitcoin and the central bank is doing it at the same time that the front runner right now in the presidential election coming up is massively pro. And so who knows what will happen there? Because in countries like Argentina, Bitcoin's a lif
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