3min chapter

Crypto Critics' Corner cover image

The FDIC, Infinite Insurance, and Moral Hazards (Feat. Rohan Grey)

Crypto Critics' Corner

CHAPTER

The 2000 Page Dog Frank Act

Rohan: It is funny that you bring up dog frank because Barney Frank has become embroiled in all of this nonsense. Mr. Tuff on Wall Street was a board member on signature and made a pretty intense claim, suggesting that the reason that signature was shut down was because of its involvement with cryptocurrency. Rohan: The fact that he's now working on a board of a financial institution should show you where his commitments really lied. But again, do we think that the 2000 page dog Frank act was the solution? Does everyone feel safer now? Do you feel like the banking system has been fixed?

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