Defending Crypto to the Middle-Class American | Austin Campbell
Bankless
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Debunking Banking Myths
This chapter addresses common misconceptions about banking operations, emphasizing the risks associated with deposits and the monopolistic nature of banks. It critiques the perception of deposit safety, particularly regarding FDIC insurance, and highlights the systemic inequities faced by small and medium-sized businesses. The discussion also encourages listeners to rethink their relationship with banking and consider the necessity for reform in the financial system.
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