QQ: why is it called a bank run when clearly it’s a stumble, trip and fall!

Who thinks the federal government is going to handle this event with SVB elegantly, equitably and efficiently? Yeah me neither, they will fuck it up!

Wasn’t Volker sorry I mean Jerome just suggesting larger rate hikes if necessary? Anyone else suspect they’ve lost control?

Bloomberg.com

US Discusses Fund to Backstop Deposits If More Banks Fail

The Federal Deposit Insurance Corp. and the Federal Reserve are weighing creating a fund that would allow regulators to backstop more deposits at b...

Are multiple anon Nostr accounts the best way to manage moving money around your diversified portfolio of lightning wallets? #bitcoin

I trust the hot wallet on my phone more than I would any bank or wealth manager. I can’t even imagine having large amount of funds in tradfi. My wealth is in cold storage #bitcoin

Worth a watch: