If they don’t have the reserves to meet withdrawals what choice do they have?
Discussion
Yes agreed, I think that will happen too as it’s the only lever the government has to try and stabilise the situation, but there will be a situation to stabilise before they do that… so it’s going to be a clusterfuck of “good for bitcoin” 🤣
SVB has been contained - it's a crypto and VC bank.. Fed wants job losses. Let the job loses commence.