4/5/23: Is my Cash Still Safe at my Bank?
An alternative idea that makes the question moot
THE TRUTH ABOUT YOUR FUTURE with Ric Edelman · Ric Edelman
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Show Notes
Yesterday I said here on the podcast that federal banking regulators have been trying to kill crypto companies by denying them access to banks. The FDIC shut down Silvergate and Signature Banks and Silicon Valley Bank, all of which did a lot of business with crypto companies. And the regulators are trying to tell other banks not to do business with crypto companies. Their efforts so far are failing because crypto is a legitimate industry that's operating - for the most part anyway, legally and profitably.
Why wouldn't a bank want to do business with an industry like this? Just because you don't like crypto, what does that have to do with it? That's like saying you won't let tobacco companies or casinos or gun manufacturers have bank accounts just because you don't like what they do either.
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Links from today's show:
Certificate in Blockchain and Digital Assets
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