was great to see BTC hold strong during these times and the USDC repeg, but as an overall perspective, big impact on the financial system and to see how this event will impact the future with FDIC, these smaller banks and their transparency and if the "big 4" start to dominate the financial market even more with the fear that was built thru this event. SVB wasn't the only one in this position. I doubt this is the end of the story
As bad as all of this is, I think it's also really good for markets. Interest rates should be heading lower and money printer starting. Sometimes bad news = good news.
was great to see BTC hold strong during these times and the USDC repeg, but as an overall perspective, big impact on the financial system and to see how this event will impact the future with FDIC, these smaller banks and their transparency and if the "big 4" start to dominate the financial market even more with the fear that was built thru this event. SVB wasn't the only one in this position. I doubt this is the end of the story
great posting Kyle and crew! :)
Agreed. All the more reason we need BTC and ETH.
As bad as all of this is, I think it's also really good for markets. Interest rates should be heading lower and money printer starting. Sometimes bad news = good news.
Great point Josh. And thanks for your feedback :D