Yotta Bank & The Problem with Fintech!

Sign up for a 14-day free trial and enjoy all the amazing features MyHeritage has to offer → https://bit.ly/PatrickBoyle Marc Andreessen appeared on the Joe Rogan podcast this week arguing that the Consumer Financial Protection Bureau (CFPB) should be shut down as it debanks conservatives. In today's video we use the example of the finfluencer promoted fintech bank Yotta - look at its ties to another fintech - synapse to try to understand if the CFPB should be defunded or if savers need to be protected from fintech firms that are mostly unregulated. Subscribe to @PBoyleInterviews here:    • How Much of a Good Thing is Too Much? Vict...   Patrick's Books: Statistics For The Trading Floor: https://amzn.to/3eerLA0 Derivatives For The Trading Floor: https://amzn.to/3cjsyPF Corporate Finance: https://amzn.to/3fn3rvC Ways To Support The Channel Patreon:   / patrickboyleonfinance   Buy Me a Coffee: https://www.buymeacoffee.com/patrickb... Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here:   / patrickeboyle   Business Inquiries ➡️ [email protected] Patrick Boyle On Finance Podcast: Spotify: https://open.spotify.com/show/7uhrWlD... Apple: https://podcasts.apple.com/us/podcast... Google Podcasts: https://tinyurl.com/62862nve Join this channel to support making this content:    / @pboyle   Additional Reading: CNBC Article: https://www.cnbc.com/2024/11/22/synap... How Safe are Online Banks & Fintechs?: https://www.bloomberg.com/news/articl... Andreessen-Backed Fintech's Meltdown Shows Bank Middlemen Risks: https://news.bloomberglaw.com/banking... Rob Copeland - How To Keep Your Money Safe: https://www.nytimes.com/2024/08/10/bu... CFPB Debanking Press Release: https://www.consumerfinance.gov/about... a16z Investment list: https://a16z.com/investment-list/ Joe Rogan - Marc Andreessen Interview:    • Joe Rogan Experience #2234 - Marc Andreessen