Crypto Is NOT The Problem 🤬 #shorts
In this video, I'm going to dispel the myth that cryptocurrency is the problem and why banks are failing. The fractional reserve banking system is the problem, not cryptocurrency.
Banks are failing because they rely on the issuance of debt in order to Prosper. When there is too much debt, it creates instability in the economy and it eventually leads to bank failures. Cryptocurrency does not cause this instability, it's the fractional reserve banking system that does. So next time you hear someone talking about how cryptocurrency is the problem, be sure to set them straight!
#cryptonews #crypto #SVB #bitcoin #ethereum
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