Banks are riskier now
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Bank has a dilemma.
The system becomes two tiers, one that constantly got bailed out by the government and one that constantly got rekt.
One is risky free and another is risk all in.
Similarly, Crypto is on the risk side which is risk all in because the reward you have can become higher.
Unfortunately, traditional banking with risk all in, there is no incentive but wait until got rekt.
There are 186 banks are risky to default in the coming months.
That is why crypto is getting pumped.
Instead of risky everything and go to zero, why no risk to get a sudden return in crypto?
Future is more uncertain.
Photo by Loic Leray on Unsplash