25 sats \ 0 replies \ @Wumbo 14 Mar 2023
Why is there a banking crisis unfolding? Parker Lewis is here to break everything down from first principles.
0:00 - Is it happening?
2:27 - The Fed caused bank failures, not crypto
10:02 - SVB balance sheet
15:37 - History of bank cash assets
20:55 - How QE is done without QE
29:38 - The cycles accelerate every time
35:39 - The system is built for moral hazard
40:26 - Trust in traditional money is failing
47:53 - Will Bitcoin be blamed?
51:41 - Bitcoiners shouldn't waste their time
54:30 - Bitcoin's most important next steps
1:00:44 - Bitcoin Takeover
1:04:21 - Bitcoin is more important than ever
1:08:59 - QE5 is here
1:14:00 - Wrapping up
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