Caste System

According to reports, Professor Gemini and co founder Tyler Winklevoss wrote on social media that the US banking system is a modern caste system, and only those who have access to head banking services will be protected, while others will face risks. He pointed out that Bank of America is actually a type bank, a regional bank, and a bank without bank accounts, The US government considers systemically important financial institutions (SIFIs) to be “too big to fail”, while banks that are “not worth enough” may not be protected. The US government has had to step in to save customers at Silicon Valley Bank (SVB) because its failure could have a catastrophic impact on the broader financial landscape. Gemini founder Tyler Winklevoss: The American banking system is a modern caste system Analysis based on this information:The message suggests that the US banking system is a modern caste system where only those who have access to head banking services will be…