Christine Kim (Galaxy) on Ethereum Shanghai Upgrade
Galaxy Brains
The Future of Deposits
The Treasury Secretary and the Fed basically told you, we're going to ensure all deposits. And so if you're telling me I have a blanket guarantee on all deposits, why wouldn't I go to the institution paying me the highest interest rate? Yeah. That is exactly the question folks should be asking themselves. It's not like the Bailey Savings and Loan where you got to squeeze through the door. But in those old-fashioned bank runs, you could squeezing through the door if you were like, right? Right.
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