Tik, tok next ... bank failure?
Credit Suisse CDS blowing up with an implied default probability of almost 50% 👀
Shaitan
shaitan@nostrplebs.com
npub1u0wg...8w4j
Head of BizDev @ Bitcoin Mining World | formerly @ The Bitcoin Company and @ Northern Data | Separate Money and State
"The root problem with conventional currency is all the trust that's required to make it work."
Many people learned about this and counterparty risk this weekend. Gradually, then suddenly.
Running Nostr