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We Study Billionaires - The Investor’s Podcast Network cover image

BTC138: A Progressive's Case for Bitcoin w/ Jason Maier (Bitcoin Podast)

We Study Billionaires - The Investor’s Podcast Network

NOTE

The Implications of Too Big to Fail Banks

There is significant discussion in the book about the concept of too big to fail banks and the implications of this term./nDuring the 2008 financial crisis, the government bailed out the banks to prevent a larger economic collapse./nBitcoin offers the option for individuals to become their own bank, reducing reliance on large institutions./nBy shifting power away from banks and governments, Bitcoin can change the dynamic and benefit those skeptical of big banks.

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