Damn european cornychat #eurocorn got so smart, I should not have been drinking.

"𝕊é𝕚𝕞í 𝕄𝕒𝕔 𝕊í𝕠𝕞ó𝕟: What Is a Bail-In? A bail-in provides relief to a financial institution on the brink of failure by requiring the cancellation of debts owed to creditors and depositors. A bail-in is the opposite of a bailout, which involves the rescue of a financial institution by external parties, typically governments, using taxpayers’ money for funding. Bailouts help to prevent creditors from taking on losses, while bail-ins mandate creditors to take losses." #bailin #cornychat #cbdc #fiat #euro