Comments by "Roger Dodger" (@rogerdodger8415) on "Bank Runs! What's Going On?" video.

  1. It's a FN DISGRACE that the FDIC should be bailing out any bank that's involved in Crypto.
    14
  2.  @JanBruunAndersen  Good for you. I'm not out to change the world. I also don't let emotions, or political ideologies affect my financial decisions. I prefer to make my statement at the ballot box instead of at the cash box. But, good luck with your choices. I'm tired of making money. At 70, I just want to enjoy the time I have left by spending it. I've provided for the wife and kids, and now it's time for me to stop building and start enjoying.
    2
  3.  @micbrett1  No, banks need a mechanism to be bailed out. Because, it's the depositors that need the bail out. The bank is just the middle man.
    1
  4.  @micbrett1  Ok .let's keep on the subject.... explain to me EXACTLY how my bank "gambles" with my money?
    1
  5.  @JanBruunAndersen  Oh like Mt Gox? or do you mean that brilliant math man SBF?
    1
  6.  @JanBruunAndersen  Indeed, I'm sure that all the people that had their money invested with FTX were also convinced that there was no risk in owning Cryptocoin. Gees! And to think that I'm missing waking up one day only to find out my crypto stash is down by x percent! Now that's STABLE? That's SAFE? I can buy a Treasury I bond that's paying over 8% and sit on it, and I have to worry about a total economic collapse before I lose a nickel. If and when that happens, who's taking your Bitcoin? The choice is clear to me. Right now, pull up a 5 year chart of Bitcoin and tell me why anyone would put their money there?
    1
  7.  @JanBruunAndersen  Well, I'm American so for me, our dollar is the most stable. Ask yourself, why do you own it? For appreciation? For secrecy? In case of a total economic meltdown? Then, evaluate how well that serves your purpose. To me, it's a Ponzi scheme where the early adopters came out as the big winners. Only TWO people recommend it. Those that sell it, and those that already own it. That removes the appreciation side. I have no need of secrecy, since I break no laws, and finally in case of total economic meltdown, I'd prefer being in food instead of Bitcoin. In uncertain times, I see stability as being paramount, and with that I'll keep my powder dry in the USA dollar, waiting to lock in a higher return with Treasury bonds. If those bonds ever crash, there will be more important things to worry about, more like tonight's dinner.
    1
  8.  @JanBruunAndersen  We need millions more like you to stay home on voting day. I want to have millions more like me to show up.
    1