Silicon Valley Bank was the 16th largest bank. When it failed it was the second largest bank failure in history.
First Republic Bank was the 13th largest bank with $200B in deposits. It is about to fail.
The entire ponzi banking system is unraveling in real time. This will get messy.
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Replies (15)
Can't wait for it to get all the way to the top.
I understand that innocent people would be caught in the crossfire, hopefully they see the signs soon enough and avoid the inevitable being switching to a sounder system.
Banks going ๐.
Got #Bitcoin?
View quoted note โ
I can only imagine the shit we're going to see this year...
And out of the ashes, a Phoenix arose, and it's name is #bitcoin.
Fed balance sheet will grow to +$30trn in the next few years ๐คฅ
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#BankingBad
Truth ๐ซณ
๐ค
#Bitcoin #BTC Times
lightning:cndx@btcdv.com ๐แฅฌ[๐]แญ๐ฟ
FDIC takeover when?
Opt out. In your own words, we should all stay humble and stack sats! ๐งก๐ช and then stack some more.
We really are living in clown world!
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Interesting how volatility has returned to Bitcoin in the last 24 / 48 hours.
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