“The "decisive actions" to protect depositors' savings is a welcome move; but also a showcase example of why Bitcoin was created. The “Chancellor on the Brink” message included within the genesis block was an express comment by Satoshi Nakamoto on their inspiration for the technology. We now see a new iteration of this inevitable consequence of fiat currency systems: and so a new point of evidence for why Bitcoin exists.”

https://bitcoinmagazine.com/markets/federal-government-will-guarantee-all-deposits-at-svb-signature-bank?utm_source=carrot&utm_medium=partner&utm_campaign=carrot_share