Listen to this episode from The Pomp Podcast on Spotify. Caitlin Long is the Founder of Avanti Bank, a new US bank based in Wyoming that intends to serve the digital asset industry with new products and services that are not currently available in US dollar markets. In this conversation, Anthony and Caitlin discuss the structural issues in the legacy finance world, why coronavirus is the pin that popped the credit bubble, what is happening in the repo market, why banks should immediately go raise equity capital, how the government is forced to respond with monetary stimulus, and what this all means for Bitcoin. =============================== BLOCKFI-----BlockFi allows you to keep your crypto, put it up as collateral, and receive a USD loan funded directly to your bank account. They do loans ranging from $2,000 to $10,000,000, and they're perfect for helping you reach your financial goals of all sizes. Visit BlockFi.com/Pomp to learn more about putting your crypto to work without having to sell it. ~If you enjoyed this episode and want to stay updated on everything Bitcoin, blockchain, and crypto. Check out Off the Chain newsletter by visiting offthechain.substack.com and join 35,000+ other investors currently subscribed to my daily investor letter.
RT @APompliano: New episode is live with @CaitlinLong_!
We discuss the structural issues in the legacy finance world, why coronavirus is the pin that popped the credit bubble, why banks need to raise equity capital, & why monetary stimulus is only answer.