Italy's Third Largest Bank In Trouble, Possible Bail-In, Bitcoin's Opportunity (The Cryptoverse #146)
On today's episode of The Cryptoverse:
According to multiple sources, including ZeroHedge, Reuters and Bloomberg, Italy’s banking system is beginning to implode starting with Monte dei Paschi, Italy’s third-largest bank, which has been lending money for over 540 years.
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Sources:
Original Article on Cointelegraph
Wikipedia Article on Cypriot Financial Crisis
Wikipedia Article on Bail-Ins / 'Capital Levies'
Bitcoin Has Died Nearly 100 Times
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