nonsense...SVB and signature had very little exposure to "crypto". The only one that had was Silvergate, which failed quietly.
The rest failed because of the mismatch between withdrawals and declined value of holdings.
You listen to MSM a bit too much, it seems.
They call it this way to place the blame on us, but it does not "stick".

So someone really hates banks starting with an S.

----------


so...stealth QE rears its ugly head

carry on



stronghands

I think anyone asking how these Silicon Valley-based banks could fail, first needs to ask which banks were involved in all the over-hyped California-based SPACs (that have all crashed and burned) over the last couple of years.

Follow the fraud, follow the money.

Here, I'll start:

https://www.svb.com/blogs/silicon-valley-bank/why-spacs-now

EDIT:

Continental put out a statement today about its hundreds of SPACS, says they are SaFu in JPMC, Citibank, or Morgan Stanley.

https://www.spacinsider.com/news/headline-post/continental-spac-trust-accounts

Of course, they don't say if they indeed once had the account funds with SVB or SB and simply moved them. Could've happened anytime within the last couple weeks/months/year for all we know.

America is not a democracy.  It is a democratic republic which is really far from Democracy.

I would like to see a nice big 10k green dildo after tomorrow's cpi numbers.

The idea that banks are too fucking stupid to ladder buy into raising fed rates could mean raising bond rates will cause BTC to go onwards and upwards

WO, please help! I'm trying to understand why Bitcoin has performed better in it's 2022 bear market with high inflation than 2011, 2014 or 2018 without it.

This is as far as I got trying to get an answer. Apparently every -2.2% correction Bitcoin experiences at current prices is worse than the 2014 bear market 

Remember, it's not about how a -2.2% correction over a -86% correction affects your investment, it's all total market cap. Obviously.


Answers in this thread or quoted thread accepted. I'm getting pretty desperate now to be honest, have been asking the same question for months and getting nowhere...


Thanks in advance. Troll welcome.