3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC138: A Progressive's Case for Bitcoin w/ Jason Maier (Bitcoin Podast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Implications of Too Big to Fail Banks

There's a pretty substantial amount of discussion in your book about too big to fail banks for somebody who doesn't even realize that term or they've heard the term, but they really just don't understand the implications. There's a lot of angst and sort of umbrage taken, especially on the left, but probably with this idea that the banks were bailed out in the 2008 financial crisis. If the banks fail, then the whole economy crashes and you end up with a much worse situation. Bitcoin provides an option for becoming your own bank.

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