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Dollars in the Bank
When you deposit money in a bank account, you may assume that the money belongs to you and is safe from any potential risk. However, legally speaking, the deposited money is not yours; it’s the bank’s. That’s right. US Dollars in a bank account are the bank’s—you’re just holding an IOU from the bank. This […]
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Bitcoin, SVB, and the Fed
Silicon Valley Bank has very recently had some … issues. These issues are systemic in the US financial system. In this blog post, we will discuss how the Federal Reserve’s monetary policy can impact the solvency of banks and the economy, and how Bitcoin’s monetary and economic policies differ. Additionally, we will explore how a […]
