Balaji’s $1M Bitcoin bet, banking crisis update, OpenAI launches GPT-4, and Jay Trading! | E1702
This Week in Startups
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How to Get FDIC Insured in a Startup
The best practice is to put your money into one of the top three or four banks until this blows over. The FDIC limit just needs to be one million or two million, and then you would see how many people have under 250K in their bank account as businesses. Bologie: Bitcoin could be a catastrophist because it's being dealt with like an earthquake that has been going on for years.
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