Скачать или смотреть #21 Banks Repayment Crisis Is Bitcoin at Risk

Now as I always say too This BTFP is going to cause a problem Trust me it does lead back to Bitcoin I'll explain a second But there is this huge repayment crisis going to happen with the banks in the US and probably similar structures in other countries around the world Banks have borrowed from the BTFP have to repay think it's nearly a hundred billion dollars by the fourth of April And that is a significant amount of repayments in three weeks And this comes at a time when finding liquidity is already challenging the deposits in these banks are non-existent and it highlights by the difficulty NYCB faced basically going almost to zero in a very short wind of time How will they pay back this hundred billion dollars It's very unlikely In this situation is compounded by the fact that banks cannot simply default on these loans without triggering cross default clauses and a big banking crisis making the situation very precarious out there Shout out to Joe Consorti who has the reserve constraint in this chart for the BTFP The regional community small commercial medium sized commercial banks all depend on it And they've got repay hundred billion bucks in three weeks Now people say oh that's going to be a banking crisis and that's going to kill Bitcoin price But you know what