Yeah that’s the one. These are the unrealized losses based on the losses value of their bonds and other assets. But the thing is, that’s what’s killing these other banks. They’ve taken*customer deposits* and invested it in there instruments.
So basically *everyone* is insolvent, the only reason it’s not collapsing is because there’s no way to exit, they can only move it to a different insolvent bank.
#[6] Well said. 🎯
Well… there is one way to exit 😉
Smart… 🫡
Here’s the thing though, that’s how you exit the *banks,* but it won’t take the *dollars* out of the banks. When we buy bitcoin the dollars stay in the system, they just move to another insolvent institution.
So there literally is no way to get the *dollars* out, all we can do is take our value out of the dollar.
But that’s an issue for people who are willing to take dollars. As #[6] says, the price of Bitcoin is USD terms is going to infinity. Eventually, no amount of dollars will be able to buy you 1 sat because no one will value USD.
Anyone still valuing it doesn’t realize the music has stopped. Which is good I guess for those of us dumping USD
I see your point though. *Their* problem is not going away
Absolute bloodbath. No amount of FED backstop will repair this. 
Wrong screen shot. There is is. 
