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Pretty sure they call that private investing. Because that would mean people investing in each other which would really be the best for society.
If people were untrustworthy people wouldn't invest in them. Also the hood nogs could invest in each other legally through the bank.
At least theoretically.
Pretty sure they call that private investing. Because that would mean people investing in each other which would really be the best for society.
If people were untrustworthy people wouldn't invest in them. Also the hood nogs could invest in each other legally through the bank.
At least theoretically.
Yet another problem with banks, the FDIC insuring of depositors. If people actually took on the risk of each bank, they would shop more carefully and rein in their risky practices. Each bank's money would be worth different based on how risky they were.
Yet another problem with banks, the FDIC insuring of depositors. If people actually took on the risk of each bank, they would shop more carefully and rein in their risky practices. Each bank's money would be worth different based on how risky they were.
Lol have you seen what is happening to blockfi? https://finance.yahoo.com/news/blockfi-says-vermont-joined-ranks-045352944.html
It's a total "OY VEY SHUT IT DOWN!" situation over there.
Lol have you seen what is happening to blockfi? https://finance.yahoo.com/news/blockfi-says-vermont-joined-ranks-045352944.html
It's a total "OY VEY SHUT IT DOWN!" situation over there.
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