bank
also referred to as: banks
4 statements across 4 episodes · 2 bullish · 2 bearish · 4 people on the record · first statement Oct 28, 2023 by Zorawar Kalra · across every show →
Everything said about bank, oldest first
Oct 28, 2023 negative
Kalra: Banks Almost Never Lend to First-Time Restaurateurs
“It's such a high failure rate business that to go to a bank and expect them to give you have a better chance at Jumping off an aircraft and surviving, then being a first time restauranteur and going to a bank and asking for money to open a new restaurant.”
Mar 21, 2025 negative
Sep 3, 2025 bullish
Jul 16, 2026 positive
Armstrong: Stablecoin issuers operate on 100% reserves unlike fractional banks
“Banks do fractional reserve.
So they've lent out most of the money, and that's partly why they're so heavily regulated.
They're doing fractional reserve.
So in a stablecoin issuer is a hundred percent reserve.
The only risk they're taking is
At most a 93 day U…”