Remember Kids:
Credit Default swaps are backed by the same banks that are balanced with the one that fails.
If one goes, they all go.
#Bitcoin is your only answer.
Now I understand CDS to the fullest. Thank you #[1] for boiling it down to such a dense note.
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I learned this 5 mins ago. 🤝
🧲 This is knowledge transmitted with the speed of light.
