Duke Mtambo⁠⁠⁠⁠⁠ talks with Jakub Simek about his article on "Uncle Sam Bankman-Fried". The US banking system is in crisis due to accounting tricks, mismanagement, and outright fraud, exposed when deposits began leaving banks and the value of long-term US treasuries fell. Balaji Srinivasan warns that this consumer-facing crisis cannot be easily solved, and advises people to buy bitcoin and move to a crypto-friendly jurisdiction to avoid the impending financial disaster.

You can also watch the video version of this episode directly on ⁠⁠⁠Mtambo Desk youtube channnel⁠⁠.⁠

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PODCAST INFO:

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#dailybalajisms #mtambodesk #financialcrisis

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