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$1 Million Bitcoin Bet, the Dollar Dies in 90 Days - Daily Live 3.20.23 | E332

Bitcoin & Markets

CHAPTER

Bitcoin Pumps in a Bad Banking Crisis

Banks are dependent on the proper functioning of the system, propping up the value of their assets in good times. The problem is that there's no stopping it in a credit based system and the only stop is the Fed or the central banks to stop the contagion. And so in this situation, of course, Bitcoin is going to pump. "It makes total sense to own things without counterparty risk"

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