Is this the fiat collapse or a nothingburger?
It’s neither. Silicon Valley Bank was poorly managed and became insolvent. Its failure says little about fiat currency.
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Ok so not contagion?
No*
USDC has lost dollar parity. SVB’s depositors and investors will lose money, or taxpayers and dollar holders will if they’re bailed out.
I say Fiat currency is nothing
Well, if you have any, I’m willing to take it off your hands.
Sorry. All in BTC.
