Bank Runs: All Roads Lead to Central Bank Digital Currencies, You Need Gold, Bitcoin to Exit System

We forgot about free markets a long time ago. We ve been in a quantitative easing market ever since the 2008 financial crisis, says Simon Dixon, CEO and cofounder of What s really been exposed is the fragility of the financial when you try to reverse any centrally planned, lowinterestrate, centralbanksubsidized stock market, he tells Daniela Cambone. Banks have been broken based on a product that has become more volatile than bitcoin, which is straight up treasuries, Dixon argues. There seems to be a theme and U. S. regulators seem to treat these blowups as a fine rather than prevent it in the first place. It s a regulatory failure, he continues. Money at a bank is money I m lucky to get back. That s how I ve always looked at it and obviously that s not how most people look at it, Dixon says. Bitcoin is a great mechanism for saving, but it s not very useful for spending. Howeve