EP 31 - Creating a Bank Like the Ones You Already Know About | BYOB Series #12

In this episode of the Bankless By Design Podcast, Triciaand  Jonathan continue their Becoming Your Own Banker series with the chapter "Creating a Bank Like the Ones You Already Know About." Together, they explore what it would really take to start a traditional bank—from capital requirements and bank charters to deposits, lending, and the cost of establishing trust in the marketplace. They also discuss the deeper issue Nelson Nash is highlighting: most people have surrendered the banking function in their lives without ever realizing it. This conversation also touches on the fragility of the banking system, the dangers of fractional reserve lending - including the social and political fallout, the importance of human behavior in finance, and why participating dividend-paying whole life insurance offers a practical way to begin reclaiming control. If you've ever wondered what it means to truly become your own banker, this episode helps lay the foundation. ------------------------------------------   Follow Thrivewell 👉 Facebook 👉 Instagram 👉 Linkedin  👉 TikTok   Get In Touch: [email protected] Learn More: banklessbydesign.com   Disclaimer: All content on this site is for informational purposes only and does not constitute financial advice. The content shared is not intended to be a substitute for consultation with the appropriate professional. Opinions expressed herein are solely those of Tricia Miller, unless otherwise specifically cited. The data that is presented is believed to be from reliable sources, and no representations are made by Tricia Miller, Thrivewell, and Bankless By Design as to another party's informational accuracy or completeness. All information or ideas provided should be discussed in detail with your Adviser, Financial Planner, Tax Consultant, Attorney, Investment Adviser or the appropriate professional prior to taking any action.