Level1 News July 23 2019: Big Pharma vs Big Data | Level One Techs

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This is a companion discussion topic for the original entry at https://level1techs.com/video/level1-news-july-23-2019-big-pharma-vs-big-data
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With banking, accounts come with an agreement; that is payed out in interest. It’s an unconditional and regulated agreement for the right to invest the stored currency. The interest in payed weather or not the investments produce a return. Of course the bank can go bankrupt and lose not only the interest, but also the principle. The FDIC insures up to $250,000 for just that possibility. Of course the event of financial and economic collapse are not only possibilities, but also an eventuality. So. I guess unconditional is a bit of a strong term.