Honestly I love this because all those people calling crypto a scam now got a taste of how it's the same in the Fiat world. At least with crypto your in more control and that's the biggest thing people constantly miss about why crypto is better.
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Not sure this is a lesson in the fiat world. And we are technically in it also.
That said, it is the same story. Small banks in Florida and Texas are doing well right now because real estate is holding up. If it turns there, these banks will be like my buddy's, going under.
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