Mainstream media is full of crypto scams and how regulators want to deal with them. However, no mainstream media outlet covers the risks of banks.
The precariousness of the financial system
Thanks to plenty of media coverage the vast majority of citizens probably have a vague idea that crypto is bad and it is something to stay well clear of. However, those same citizens are probably blissfully unaware of the risks they take by keeping ‘money’ in the bank.
With very negligible mainstream coverage of their economies by mainstream media, people in countries such as the U.S. and the United Kingdom are very possibly completely unaware of just how precarious their economies are. In fact, this is the case across the whole globe.
How many people would know that some banks have already fallen, and that many of the rest have been kept alive by injections of cash from the Federal Reserve?
We are told that if your bank fails in the U.S. then not to worry because the FDIC will insure your funds
We współpracy z: https://cryptodaily.co.uk/2023/10/does-the-public-understand-the-risks-with-banks
