This is a good interview that gets into fractional reserve banking and paper Bitcoin, gold… What was interesting is that the Bitcoin ETFs are backed by Bitcoin, but there are products and leverage on top of that which has created 6:1 paper Bitcoin, but that’s not as bad as paper gold, 100:1. And Caitlin Long is just up the freeway from Cheyenne in Laramie, Wyoming, and a native Wyomingite who came from the TradFi world where she was tasked with learning about Bitcoin, probably becoming extremely wealthy, and now running Custodia Bank here in Wyoming.
This is an old presentation from 2018 that is excellent in giving Caitlin Long’s background and how she came to be an advocate for Bitcoin.