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Replying to Avatar ODELL

The four main banks of bitcoin and “crypto” are Silvergate, Signature, Prime Trust, and Silicon Valley Bank.

Silvergate and SVB have already stopped withdrawals and are going through liquidation. More banks will go down here. None of them have sufficient reserves to meet withdrawals.

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victor 2y ago

If bitcoin has any inherent value apart from the dollar, then this isn't a problem.

If.

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