We have now had 3 banks fail in the last week with the FDIC bailing them out. Does this mean the money printer is about to be turned on again. You know something that can be ran on Bitcoin! Click in to see why you should use bitcoin and not just the Banking system.

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Last Video:

Time Stamp:
00:00 Intro
00:37 Market Overview
03:50 Around the Twitter Space
05:00 CPI Data
07:38 Another Bank Down
08:26 USDC Repeg
10:28 Lost Trust for Banks

The websites from Video:

Passed the SIE, Series 7, and Series 63

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I do personally hold in no particular order: Bitcoin, Ethereum, Cardano, Xrp, Matic, Copi, Cosmos, and ICP. Just because I hold these do not guarantee to have returns.

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LEARN MORE ABOUT: Bank Failures

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As they say, change is the only constant in life, and when it comes to financial systems, it’s no exception. In recent years, with the rise of Bitcoin and other cryptocurrencies, there has been a growing debate on whether these digital currencies are a better alternative to traditional banks. With the recent issues surrounding the stablecoin USDC being repegged and three major bank failures in the US, the argument for why Bitcoin should be picked over banks is becoming more compelling.

First and foremost, Bitcoin offers a decentralized and transparent system that is not controlled by any government or financial institution. This means that there is no central authority that can manipulate the currency or freeze accounts. In contrast, banks are subject to regulations and can be influenced by political and economic factors that may not always be in the best interest of their customers.

Additionally, Bitcoin allows for faster and cheaper international transactions compared to traditional banks. With Bitcoin, you can send money across borders in a matter of minutes at a fraction of the cost compared to traditional banking systems. This is especially important for individuals and businesses that operate on a global scale and need a reliable and efficient way to transfer funds.

Moreover, the recent repegging of USDC, a major stablecoin, has raised concerns about the stability and reliability of fiat-backed cryptocurrencies. This incident has highlighted the risks associated with centralized stablecoins and has underscored the importance of having a decentralized and censorship-resistant alternative like Bitcoin.

Furthermore, the recent bank failures in the US have exposed the vulnerabilities of the traditional banking system. In the past year, three major banks have failed, causing panic among customers and investors. These incidents have raised questions about the safety of keeping funds in banks and have led many to explore alternative options such as Bitcoin.

In conclusion, the recent events surrounding USDC and the bank failures in the US have further strengthened the case for why Bitcoin should be picked over banks. With its decentralized nature, transparency, and reliability, Bitcoin offers a compelling alternative to traditional banking systems. As the world continues to embrace digital currencies, Bitcoin is poised to play a key role in shaping the future of finance.