SANTA CLARA, CALIFORNIA – MARCH 10: A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank headquarters on March 10, 2023 in Santa Clara, California.
“Fiat is fragile,” wrote bitcoin advocate Erik Voorhees. Mo Shaikh, the CEO of cryptocurrency company Aptos Labs, stated: “We’re seeing glitches in the machine. This is an opportunity to take a breath and consider the practicalities of decentralization.” and overnight collapses, which had trained investors to panic at the first sign of trouble. “That’s the pattern recognition too many have,” said Joe Marchese, an investor at the venture capital firm Human Ventures.The crisis at Silicon Valley Bank has prompted renewed discussion about the potential benefits of decentralized financial systems, which are not beholden to centralized institutions and gatekeepers.
Yellen: “I can reassure the members of the Committee that our banking system remains sound' -- and that inflation is just transitory (oh, and Iraq still has WMDs, Fetterman is getting better every day, and Biden does not have dementia).
ALWAYS someone else's fault!
SVB will 100% be bailed out by poor American taxpayers.
Also: GQP megadonor started the run
Nah. We know why this happened:
Being on The Left means never having to say you're sorry.
Can't work under the table for digital money.
Look no further than Trump rolling back Dodd-Frank in 2018.
The Bit Coins, cryptocurrency, dont hold its proclaimed value. It's nothing but junk coins, lmao. If you want to get ripped off, buy the junk coins.
The government has just figured out the greatest way to launder their own stupidity- they spend beyond measure then declare an emergency bail out so the people end up paying for it - They should all go to jail! This will keep happening until we say NO!!!!!!
Has Joe blamed trump yet? Only a matter of time.
Silicon Valley Bank’s Collapse is Traced Back to Trump's Roll Back of Dodd-Frank
Just wait for it, it's only a matter of time and Democrats and the media will start blaming President Trump.
Why not blame on crypto? 😂
Haha enjoy your Bitcoin and other fake money
99% liberal bank customers .. all want to fund BILLIONS to Ukraine .. what are they saying today
Accountability needed
Demonrats blame games as usual.
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