not officially but we know why silvergate customers wanted it.

silicon valley bank has many companies with declining revenue pulling down cash reserves and i do not know much about signature bank but i imagine many of their customers are having increased need to spend more money on higher devices and are drawing down reserves

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**higher priced services and costs (not devices)

Thanks. Wonder if fed will keep going with the rates.

i think they will. this is their goal.

the rates cannot save them anymore, it will be a shit storm