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BCB102_YAN PRITZKER: Free Markets, Liberty & Sound Money

Blue Collar Bitcoin

CHAPTER

The Differences Between Prime Trust and a Bank

The structure of prime trust is very different from a bank. They can't re-hypoticate, they can't fractional reserve as Silvergate did. It's actually ironically, it's a problem that you can face in dollars more so than you Can face in crypto or Bitcoin. Their digital assets or their crypto or their Bitcoin is there. It's not back. You can just withdraw it. The dollars are only there and so far as the government will allow them to be there in the case of a failure.

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