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According to FDIC Chairman Martin Gruenberg, US banks have over $620 billion in unrealized losses.

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Excuse me…what happens if those loses become realized?

The system would collapse

I don’t know what any of this means. Should I be stacking more sats?

Always

That I understand

And these same overlords want to tax crypto on "unrealized gains'

Maybe before Congress comes after our unrealized capital gains, the should get their own damn house in order.

Fiat is doomed 😬

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unrealised losses

what does that even mean?

If you bought one bitcoin at 60k and bitcoin trades for 20k and you are still holding it, you have an unrealized loss of 40k

AKA paper loses.

Printer is coming soon

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