I wouldn't be so sure. People were saying the same about inflation, and how did that play out? It seems like a negative investment climate in traditional markets also affects Bitcoin, This can be explained by Bitcoin being a high risk asset, and during hard times investors try to minimize risks and hold safe assets like cash and gold.

Also, in one year there will be the next halvening, and that can be far more important than collapse of a few small banks.

Every decision we make today in dealing with bitcoin and other crypto currencies might have decisions in our lifes later.
We shouldn't jump into gold and silver just because they they've good market values, first you study, ask questions, before making approach.

^^ Regardless of what Jamie Dimon says though, it's pretty obvious that the world is suffering from economic woes and every smart individuals are looking for some asset to hedge their wealth.

It could be gold, or stocks, but for us, it will still be BTC. I mean it has proven itself already during the pandemic, when it become a store of value. And for those who trusted it, then everyone is rewarded in the last bull run when the price goes to a new all time high. And it will definitely repeat itself next year for another massive bull run.

Quantitative easing and dollar printing should stop at once. If banks have access to the money stash at a very low interest rate, the banking crisis will never stop. It may also have the power to de-throne USD from the world's leading money to junk money. I don't care what Jemie says but the current banking failures seem like a classic banking 101 fail which is usually taught in B schools. You get money at a certain interest rate, and you lend that money to the businesses and commoners like us and earn the spread. So when you cost of raising funds increases, banks must not invest that money into low-ticket treasury bonds. You don't earn spreads. The situation worsens because FEB kept on increasing interest rates without thinking about the consequences.

Now when these CEOs are crying foul and saying that the crisis is not over yet, ask US to Step in and provide support to the banks so that they can revive. They have trillions of dollars in their treasuries which can be put to good use.

Those things won't disappear in global economy. I use the word disappear to emphasize that it will exist in global economy forever. Stop, halt are kind of temporary not forever. Money printing and Quantitative Easing (QEs) are how global economy boosted by inflation created by governments and central banks.

You can earn interest with traditional low interest rate but when the rate is overheated, it leads to Inverted Yield Curve which is a main cause of bank collapse. SvB, Signature and other banks' collapses recently are latest examples for impacts from Inverted Yield Curve.

I believe those CEOs, CFOs do know about Inverted Yield Curve and its impacts but they were fooled by FED months ago as in many press conferences, they stated that interest rate won't be increased.

Fed holds interest rates steady near zero, says economy is still well below pre-pandemic levels (Nov 2020).

I'd like to buy some gold and silver as part of diversification but just as what we do in buying bitcoin, buying at the top might be a wrong move and will just generate some serious regrets. And as far as everyone is concern, we have heard a lot from Jamie.

Whether he is telling the truth that he knows or not, the guy has always been the type of person that likes to spread rumors and FUD. It has been told that we were already in a crisis and it is not yet solved.

For someone who's scared of the crisis should have already known that staying on and having bitcoin is the best counter to the current and more worse situations.

I don't know about the banking crisis and the credibility of Jamie Dimon's words, but I do believe that if we see a series of collapses of banks and the global economy suffers, there's a good chance that the panic will spread to Bitcoin, even though it has nothing to do with it. We've seen similar things happen before. For example, as the pandemic was announced in March 2020, Bitcoin quickly lost a huge portion of its value, even though the pandemic didn't disrupt online operations at all. Bitcoin recovered fairly quickly (over several months), but still. Another case was more recent with the panic regarding high inflation rates of EURO, the GBP, and the USD at the end of last year, and it took months, once again, for Bitcoin to get to its previous level. So if there's a banking crisis, it can easily trigger a significant fall of the price that can last for 2-5 months.

That's good news for BTC Dominance but not for the economic situation as you mentioned. But I think, this would be a temporary impact on the dominance as people are left with no option to store their assets, These bankruptcies of banks have scared them to put their money in banks, This is good for BTC but for the time being, until this recession of banks will eliminate.

Your concerns about buying gold seem not good like the item which is already in hype due to the market and economic situation, we should not invest in that while we have a better option in our hands that will give better returns not in the long run but in the short run too.

I don't think so these banks are small, it has a great market capital of $375.90 billion and great traffic. In fact, this bank showed no support to the crypto industry as far as I know. No doubt indirectly we can buy BTC but not directly. Overall, the bankruptcy of these small banks will increase the BTC demand and the supply is less as 1,40000 BTC are acquired by MicroStrategy till now Like i do not think they will leave anything behind. The increasing demand for BTC will boost it up like a nitro at the last second of race wins the cars. So these signals plus jp morgan's words in favor of crypto take it to next hypes. (proved in history).

I think most of us don't expect something like that to happen anyway. I mean, who would be able to trade if you need to carry gold or oil in these modern days? What is clear is that they always fall back on those assets when the fiat crisis happens, and I don't think it will change since the system is not changing either. There is a reason why people buy gold and so on. Fiat values can evaporate overnight if the government decides to do so.
What do you mean by the salvation of things here? Your statement can mean many ways and I'm not sure how to interpret it. If you're talking about how Bitcoin is not the first choice for payment, I don't think that is not that bad. But things slowly change, even my family who doesn't follow tech updates knows about Bitcoin and how it is useful if you want to pay for something over the internet.