was there a trigger for this dip? havent been following the news.
Discussion
JPow and Silvergate I’m guessing
I think silvergate closing their doors
I've heard Jpow, Treasury moving BTC via Conbase, and silvergate. All reasonable.
I'm just glad y'all told me it was dipping. I don't watch the price much these days.
fiat bank run is starting
arent these banks fdic insured?
FDIC insures deposits up to a quarter mill, it doesn't help the fat cat depositors and owners of bank equity. I'm not a financial expert, tho, so what do I know? 🤷
here's a better explainer. TL;DR it's the fat cats doing the bank run https://twitter.com/WilliamAEden/status/1633980802676715520