The Silicon Valley Bank fallout makes the case for digital currencies

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The Silicon Valley Bank fallout makes the case for digital currencies | opinion

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No way

Nope.

All per design. Yeah I want the government controlling that too. 🙄

You mean the one that moves by 5% daily. SVB made loss of around 1.5 BN on 21 BN that's roughly 7.5% something these digital currencies move every 24h at this point too volatile to consider it mainstream. Though gold or tangible asset backed digital currencies are fine.

Saw this coming. Big surprise folks! Dollars going to zero and the new social credit score will take its place because of the emergency... that they created.

Good Idea... What could possibly go wrong?

Digital Currencies are no go...

What a terrible idea

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For markets Silicon Valley Bank’s demise signals a painful new phaseTo quell inflation, goes the adage, central bankers must tighten monetary policy until something breaks. Now something has broken I know UNIX. I am not Dead yet I will Email you when I am just Saying. You mean tighten the money supply they over-indulged in? This month the Silicon Valley Bank (SVB) collapsed and hot on its heels was the Signature Bank in a grim reminder of the US banking and financial sector rout in 2008 mostly due to the sub prime mortgage phenomena. But people never learn.
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