On this episode of The MoneyBytes podcast, we'll be discussing the Recent bank collapses vis a vis the FTX collapse;
we'll focus on the following talking points:
How FTX Squandered its customers’ deposits
How SVB collapsed.
Similarities/differences between FTX and SVB collapse
How deposit insurance and traditional reserve banking works
Ripple effects of FTX’s & SVB’s collapse across the industry.
what lessons can we learn about storing cryptocurrency and cash deposits, and does it even make sense to continue to own itYou can read the transcript of the episode on here blog.quiverfinance.com