Triple Bottom Update | Fractional Reserve Banking & Why ALL Banks Are Bankrupt [Bitcoin Today]

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Bitcoin Analysis & Bitcoin, Crypto News Today: I use technical analysis on the Bitcoin price to show you an update on the Bitcoin triple bottom. Also, Steve Wozniak (co-founder of Apple) is bullish on Bitcoin. But more importantly, in this video, I'm going to attempt to explain to you what the fractional reserve banking system means, and how it tells us that our banks are bankrupt. Please watch this video, it's very important!!

2:08 Bitcoin Technical Analysis
5:45 Bitcoin/Crypto News
8:00 Fractional Reserve Banking Explained

Sources:
Steve Wozniak: https://www.cnbc.com/2018/06/04/apple-co-founder-steve-wozniak-hopes-bitcoin-will-become-global-currency.html
Banks are bankrupt: https://steemit.com/money/@theeconomictruth/is-your-bank-insolvent-bankrupt-will-you-get-your-money-in-a-crisis
The Money Illusion: https://www.bullionstar.com/blogs/koos-jansen/the-concept-of-money-and-the-money-illusion/

Triple Bottom Update | Fractional Reserve Banking & Why ALL Banks Are Bankrupt [Bitcoin Today]

30 comments

  1. 2:08 Bitcoin Technical Analysis
    5:45 Bitcoin/Crypto News
    8:00 Fractional Reserve Banking Explained

  2. You will break the 10,000 subscribers soon great job love the structure and content of your Channel..

  3. The Moon the Fed has been trying to get everyone to lift their reserves going back to 2008 and I think the banks are more solvent than they were

  4. The current monetary system is the largest ponzi scheme history.
    Congratulation you are one in 10 million people that understands the ponzi scheme.

  5. Great vid – Cheers for sharing !!! 🙂
    Its hard explaining the Fractional Reserve System Scam – thats why they’ve got away with it for sooo long… !!!
    Good job man !!! 🙂

  6. The Moon most people don’t even want to think about it. I think the best thing to do is to filter your money into BTC and precious metals. That’s my plan anyways.

  7. The Fractional Reserve Lending system is based on an insurance business model. For example, an insurance company works completely fine as long as their customers are diversified in regards to risk ==> Idiosyncratic risk (individual risk). A family who’s lost their home due to fire caused by the fireplace is no problem for the insurance company to cover. However, if the fire is caused by a huge fire in the forest and the whole neighbourhood are affected, the insurance company might be in danger ==> Systematic risk. Financial crisis occurs because of systematic risk.

    This is a trending business model in many industries, and it’s all about the money and the streamlining of a business. It works well as long as everything goes as normal and the risk is diversified. However, no matter how sheltered you are against systematic risk, a system failure is inevitable in the long run. I think the system is due to a change.

  8. I very much liked, appreciated and understood your presentation about the Fractional Credit Lending “system!”
    Bravo! 👏👌

  9. how is btc decentralized when bitmain owns more than 51% of the hashpower? They could establish a 51% attack on btc at any time. They control the biggest mining pools.

  10. Carl, you crack me up. 😂 You did a good job explaining a complex banking system. Thanks for all you do man! 🤩👍🏼

  11. Great video.
    For those who have not please watch the documentary “The Money Masters” by Bill Still. For those who think their country got independence or they live in free country study the Bretton Woods system($ became the world reserve currency before 2nd world war ends 🤣). Read the book creature from Jekyll island. And yes spend some time* thinking about why people are put in jail for being found with plants or things mother nature has to offer. Nature illegal really 🤣.

  12. In USA banks are supposed to have, by law, 10 percent in reserved, not that this is any better.

    To hear a really good explanation of fractional reserve system watch “Zeit Geist, The Movie”.

  13. There will not be a generalized bank run because the money of the banks is backup by the State, i.e. if one bank has a problem, the State will print money for this bank.
    So, in this way a bank run will be ended.
    —————–

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